Depreciation on High-Rise Condos? (price, rental, state, building)

[couchsurfer]

Hi Friends!
We have a small condo we bought as a rental - in a large, high-rise building. I am seeking some information on how to properly depreciate the condo - it being tax time.

My question - obviously I can not depreciate the entire purchase price, but what amount do I depreciate?
Also - can I depreciate any of the greater building (i.e. the 'stuff' in the building, elevators, etc)?

Thanks in advance, folks!

[JGC97]

You may not get many answers in this section as the topic is general discussion. For more detailed information about your particular question, you might want to post it in the following section:


//www.city-data.com/forum/investing/

Or you could post it in the real estate section. It's more of a tax question, though. Hope it helps.