How to calculate rental real estate depreciation deduction (SL method & mid-month convention)

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In this article, we cover:
-Depreciation schedules using the straight-line method and mid-month convention
-How to calculate straight-line depreciation for both residential (27.5 year recovery period) and nonresidential (39 year recovery period) real estate
-How to calculate mid-month convention for the year a property is placed into service
-IRS Publication references & tables for you to use in your own calculations