Depreciation-Related Breaks

Depreciation-Related Tax Breaks on Business Real Estate

Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period. (Land isn’t depreciable.) But there are special depreciation-related tax breaks on business real estate available that allow deductions to be taken more quickly

2021-04-12T14:55:30-06:00February 12th, 2019|

An Overview of Qualified Improvement Property

A common frustration for small business owners has historically been their inability to recover nonresidential commercial real estate costs through depreciation in a reasonable amount of time. Nonresidential real property has been relegated to a 39-year straight-line recovery life, with no opportunity for accelerated deductions. This unfavorable depreciation period and

2021-04-12T14:56:24-06:00June 12th, 2018|

Depreciation-Related Breaks Offer 2016 Tax savings on Business Real Estate

Looking for business real estate tax breaks? Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period (land isn’t depreciable). But enhanced tax breaks that allow deductions to be taken more quickly are

2021-04-12T14:58:38-06:00November 16th, 2016|
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