What is depreciable basis?
The portion of original cost basis allocated to improvements; land is excluded because it is not depreciable. The worked deal’s 80% allocation of a $30M basis is $24,000,000 of depreciable building basis.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.