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How to depreciate a used rental trailer....27.5 years seams like a lot on trailer worth 2,500.

DebMills
Level 2
 
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BobKamman
Level 15

Are you asking about a residential "Manufactured Home" (which is what mobile homes a/k/a trailers have been known as since 1974)?  It  may last longer than one that cost $20,000 but it may be in a location where rent is too high and it would cost too much to relocate it.  

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BobKamman
Level 15

Are you asking about a residential "Manufactured Home" (which is what mobile homes a/k/a trailers have been known as since 1974)?  It  may last longer than one that cost $20,000 but it may be in a location where rent is too high and it would cost too much to relocate it.