Depreciable Property

AAA

DEFINITION of 'Depreciable Property'

Any type of asset that is eligible for depreciation treatment. Depreciable property can include vehicles, real estate, computers and office equipment, machinery and heavy equipment, and several other categories of assets. Depreciable property items tend to be long-term assets.

INVESTOPEDIA EXPLAINS 'Depreciable Property'

There are several different depreciation schedules offered for the various classes of depreciable property. Certain things, like land, cannot be depreciated. Depreciation is reported on Form 4562 and the instructions for depreciating an asset are found in IRS Publication 946.

RELATED TERMS
  1. Accelerated Cost Recovery System ...

    A system of depreciation introduced by the Economic Recovery ...
  2. Modified Accelerated Cost Recovery ...

    The new accelerated cost recovery system, created after the release ...
  3. Depreciation

    1. A method of allocating the cost of a tangible asset over its ...
  4. Business Broker

    A professional who specializes in the purchase and sale of companies. ...
  5. Working Capital

    This ratio indicates whether a company has enough short term ...
  6. Forbearance

    A temporary postponement of mortgage payments.
Related Articles
  1. An Introduction To Depreciation
    Active Trading

    An Introduction To Depreciation

  2. Depreciation: Straight-Line Vs. Double-Declining ...
    Forex Education

    Depreciation: Straight-Line Vs. Double-Declining ...

  3. Rental Property: Getting Rich Means ...
    Investing Basics

    Rental Property: Getting Rich Means ...

  4. Investing In Luxury Real Estate
    Home & Auto

    Investing In Luxury Real Estate

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center