Definition
A method allocating an equal depreciation deduction to each year of an asset's useful life.
Example
Residential rental property uses straight-line depreciation over 27.5 years.
Related terms
- Adjusted Basis
- Assessed Value
- Cost Segregation
- Depreciation
- Depreciation Recapture
- Exchange Accommodation Titleholder
Frequently asked questions
What does Straight-Line Depreciation mean in real estate?
A method allocating an equal depreciation deduction to each year of an asset's useful life.
How is Straight-Line Depreciation used in practice?
Residential rental property uses straight-line depreciation over 27.5 years.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.