If you rent a rental property, you may deduct the entire amount of depreciation available to you. Depreciation reduces your basis for figuring gain or loss on a later sale or exchange. You can depreciate your rental property if it meets all the following requirements: 1  You own the property.
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AMCO Insurance. AMCO INSURANCE 1100 Locust St., Des Moines, Iowa 50391-1100 Phone #: 515-280-4211. AMCO Insurance was founded in the year 1959, and was incorporated in the state of Iowa. AMCO Insurance is an arm of Allied Group Inc., which is an affiliate of the Property and Casualty arm of the Nationwide Mutual Insurance Company. Based in Des Moines, IA, AMCO Insurance, under the Allied Group, has over 4,000 employees nationwide and has 2,500 workers in the Des Moines headquarters alone.