"Year depreciation" refers to the decrease in value of something over the course of one year. It indicates how much something is worth less compared to its original value after a year has passed. Full definition
In addition, there are no plans to shorten the 39 - year depreciation period. (realtormag.realtor.org)
You might as well buy a vehicle 2 - 3 years old and let someone else take the first year depreciation hit. (biggerpockets.com)
Other stories in The Voice for Real Estate for the week of December 21, 2015: REALTORS ® protect Fannie Mae and Freddie Mac guarantee fees from going to non-housing related uses, which would have harmed home buyers; mortgage debt cancellation relief and 15 - year depreciation of leasehold improvements are among tax provisions that could get extended as Congress nears a year - end deal. (nar.realtor)