Georgia Depreciation Calculator

Real estate depreciation lets you deduct the cost of a building over its useful life — 27.5 years for residential property. Pre-filled with Georgia median property value of $366,000.

Market

Browse calculators by state

Property Details

Property Type

Purchase Price

Land Percentage($73,200 land)

Capital Improvements

Tax & Timeline

Marginal Tax Rate

Years Held

Depreciation Schedule

$10,647$10,647 total

$10,647$21,295 total

$10,647$31,942 total

$10,647$42,589 total

$10,647$53,236 total

$10,647$63,884 total

$10,647$74,531 total

$10,647$85,178 total

$10,647$95,825 total

$10,647$106,473 total

$10,647$117,120 total

$10,647$127,767 total

$10,647$138,415 total

$10,647$149,062 total

$10,647$159,709 total

$10,647$170,356 total

$10,647$181,004 total

$10,647$191,651 total

$10,647$202,298 total

$10,647$212,945 total

$10,647$223,593 total

$10,647$234,240 total

$10,647$244,887 total

$10,647$255,535 total

$10,647$266,182 total

$10,647$276,829 total

$10,647$287,476 total

$5,324$292,800 total

Georgia Market Context

Avg Cap Rate

Median Price

$366K

Property Tax

0.77%

Vacancy Rate

8.3%

Local Factors

-Atlanta metro is a major rental market with strong job growth in tech and film
-Landlord-friendly eviction laws compared to many other states
-Suburban sprawl creates opportunity in secondary markets like Augusta and Savannah

Sources

World Population Review – Median Home Price FL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance Rates iPropertyManagement – Vacancy Rates

Annual Depreciation

$10,647

$887/mo

Solid Savings

Annual Tax Savings$2,555

Depreciable Basis$292,800

Building Value$292,800

Land Value$73,200

Useful Life27.5 years

Total Deductions Taken$10,647

Total Tax Savings$2,555

Years Remaining27 of 27.5

Land (Non-depreciable)$73,200

Depreciation Taken$10,647

Remaining Basis$282,153

What does this mean?

You're getting meaningful tax savings from depreciation. This phantom expense reduces your taxable rental income without costing you anything out of pocket.

How Real Estate Depreciation Works

Depreciation is one of the most powerful tax benefits of owning rental property. The IRS allows you to deduct the cost of a building (not land) over its useful life — 27.5 years for residential and 39 years for commercial property.

This is called straight-line depreciation because you take equal deductions each year. It's a "paper loss" — your property might be appreciating while you claim it's losing value. That phantom expense offsets rental income and reduces your tax bill.

Keep running the numbers

One calculator rarely tells the whole story.

Depreciation is the silent return in Georgia. See how it compounds.

Want to analyze a full deal with comps, rehab estimates, and flip projections?

Download Frontflip

Get Frontflip for iOS

AI for real estate investment research