Wisconsin 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 Wisconsin median property value of $311,000.

Market

Browse calculators by state

Property Details

Property Type

Purchase Price

Land Percentage($62,200 land)

Capital Improvements

Tax & Timeline

Marginal Tax Rate

Years Held

Depreciation Schedule

$9,047$9,047 total

$9,047$18,095 total

$9,047$27,142 total

$9,047$36,189 total

$9,047$45,236 total

$9,047$54,284 total

$9,047$63,331 total

$9,047$72,378 total

$9,047$81,425 total

$9,047$90,473 total

$9,047$99,520 total

$9,047$108,567 total

$9,047$117,615 total

$9,047$126,662 total

$9,047$135,709 total

$9,047$144,756 total

$9,047$153,804 total

$9,047$162,851 total

$9,047$171,898 total

$9,047$180,945 total

$9,047$189,993 total

$9,047$199,040 total

$9,047$208,087 total

$9,047$217,135 total

$9,047$226,182 total

$9,047$235,229 total

$9,047$244,276 total

$4,524$248,800 total

Wisconsin Market Context

Avg Cap Rate

6.2%

Median Price

$311K

Property Tax

1.19%

Vacancy Rate

4.1%

Local Factors

-Milwaukee offers affordable urban investment with moderate rental demand
-High property taxes are the primary expense concern for investors
-Madison has very low vacancy driven by state government and UW employment

Sources

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

Annual Depreciation

$9,047

$754/mo

Solid Savings

Annual Tax Savings$2,171

Depreciable Basis$248,800

Building Value$248,800

Land Value$62,200

Useful Life27.5 years

Total Deductions Taken$9,047

Total Tax Savings$2,171

Years Remaining27 of 27.5

Land (Non-depreciable)$62,200

Depreciation Taken$9,047

Remaining Basis$239,753

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 Wisconsin. See how it compounds.

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