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URL:https://www.learndesk.us/class/6271362765160448/lesson/ab6ba837a275d8c472e1990d097394f4?ref=outlook-calendar
SUMMARY:Depreciation
DTSTART;TZID=America/Los_Angeles:20260405T190000
DTEND;TZID=America/Los_Angeles:20260405T200000
LOCATION:https://www.learndesk.us/class/6271362765160448/lesson/ab6ba837a275d8c472e1990d097394f4?ref=outlook-calendar
DESCRIPTION: Formulas: Annual depreciation = (Beginning depreciable basis) ÷ (Depreciation term in number of years)
Depreciable basis = (Initial property value + Capital improvements - Land value)
Example: Property value = $500,000; land value = $110,000; depreciation term = 39 years
1. ($500,000 - 110,000) = $390,000 depreciable basis 2. ($390,000 ÷ 39 years) = $10,000 annual depreciation

https://www.learndesk.us/class/6271362765160448/lesson/ab6ba837a275d8c472e1990d097394f4?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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