Bonus depreciation in 2029: 100% under OBBBA-permanent 100%
The 2029 IRC §168(k) bonus depreciation rate is 100%. OBBBA §70301 (Public Law 119-21, signed July 4, 2025) made 100% bonus depreciation permane. With a worked $500k rental example.
The 2029 bonus rate at a glance
Property acquired and placed in service in 2029 is eligible for a 100% bonus depreciation rate under IRC §168(k). The applicable regime is OBBBA-permanent 100%.
OBBBA §70301 (Public Law 119-21, signed July 4, 2025) made 100% bonus depreciation permanent for property acquired after January 19, 2025. There is no scheduled phase-down. IRS Notice 2026-11 confirmed the implementation.
How a sample $500k rental looks under the 2029 rate
To make the rate concrete, here is a worked feasibility estimate for a long-term rental purchased in 2029 for the calculator's standard sample inputs (32% federal marginal bracket, real-estate professional status):
Numbers are estimates from the live engine; results are not guaranteed and will vary for any specific property.
What changes about 2029 vs. other years
100% permanent under OBBBA — the same rate as 2017-2022. There is no phase-down on the books.
Run the numbers on your specific property
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