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URL:https://www.learndesk.us/class/6271362765160448/lesson/9ddcfa00d6db2546693fbb62416d74a9?ref=outlook-calendar
SUMMARY:Depreciation
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6271362765160448/lesson/9ddcfa00d6db2546693fbb62416d74a9?ref=outlook-calendar
DESCRIPTION: Formulas: Annual depreciation = Beginning depreciable basis ÷ Depreciation term Depreciable basis = (Initial property value + Any capital improvements - Land value)
Note: The depreciation term is in a number of years.
Example: Property value = $500,000; land value = $110,000; depreciation term = 39 years
Step 1: ($500,000 - $110,000) = $390,000 depreciable basis Step 2: ($390,000 ÷ 39 years) = $10,000 annual depreciation

https://www.learndesk.us/class/6271362765160448/lesson/9ddcfa00d6db2546693fbb62416d74a9?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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