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General Depreciation System

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General Depreciation System
The most commonly used method for computing MACRS depreciation. Personal property is depreciated using the declining-balance method (double or 150 percent, depending on the recovery class) switching to straight line when that method results in the larger deduction. Residential rental property is depreciated using the straight-line method over 27.5 years, and nonresidential real property is depreciated using the straight-line method over 39 years (31.5 years for property placed in service before May 13, 1993).


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168 general depreciation system, the applicable recovery period for residential rental property is 27.
Home office qualifies as residential rental property by O'Driscoll, David / The Tax Adviser
Regular tax depreciation may be computed using either of two systems, the General Depreciation System (
Depreciation computations made easy by Hutton, Marguerite R.; Lockhart, Julie A. / The National Public Accountant
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