Bonus depreciation and REPS status can turn rental losses into real tax savings, but the rules are stricter than most ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The 2022 tax year is the final chance for businesses to ...

So, you’re a real estate investor accustomed to tax mitigation strategies and you are starting to think about your next big project. With that comes so many streams of thought — location, timing, ...

The One Big Beautiful Bill Act left depreciation recapture rules unchanged for income-producing properties, complicating the ...

Bonus depreciation is a tax incentive allowing immediate, accelerated depreciation deductions for eligible assets like aircraft, reducing tax burdens and potentially creating carry-forward losses.

William Kastin P.C., Bahar Schippel P.C. In general, improvements to non-residential real property have a 39-year depreciation recovery period. Prior to the TCJA, an additional first year bonus ...

The Tax Cuts and Jobs Act of 2017 expanded bonus depreciation to additional assets and allowed for 100% bonus depreciation. While the qualification for bonus eligibility does not change, the amount ...

Bonus depreciation for the cost of tenant improvements just keeps getting better. First came the federal economic stimulus package in 2002 that contained a temporary provision for owners and tenants ...

Practitioners who are helping clients decide whether to take advantage of the new 100% bonus depreciation provision should be aware of how it affects depreciation of business automobiles. The Code ...

Under the Modified Accelerated Cost Recovery System, the half-year depreciation convention generally applies to personal property. Under this convention, only a half-year of depreciation is allowed ...

For many real estate investors, one of the biggest tax advantages of owning a rental property is depreciation. Depreciation ...