Buildings are depreciated if used in
Posted By: business. Apartment buildings, on 2006-03-25
In Reply to: Most houses appreciate, how come - yours is *depreciating*? *curious*...nm
office buildings, workshops - business building depreciation is usually your largest business deduction and may save you from having to pay taxes - you could actually end up with a loss, thanks to the depreciation deduction. If the building is sold, however, you have to go back and 'recapture' that depreciation. So business building expense depreciation has nothing to do with real estate appreciation.
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
Inside one of those cute little buildings they have to host
the monthly Company Bashing Ball. Let's see, we can call that the MTSO Palace. Price for admission: Free if you come in with an attitude!
go solicit medical buildings/offices...nm
|
