Straight-line depreciation involves reporting the same amount of depreciation expense each year. (If you were to draw the graph of the expense over time, it would form a straight horizontal line, ...

One of the major benefits of commercial multifamily investment is that, under IRS rules, property owners and investors are entitled to “depreciate” the value of their asset each year, which reduces ...

Bonus depreciation in Sec. 168(k) allows an additional first-year depreciation deduction in the placed-in-service year of qualified property. Legislation through the years has modified the bonus ...

While new vehicle sales in the U.S. got off to a slow start in 2019, those who may be considering a purchase might want to look into how long their car will retain its value. As previously reported by ...

For the second year in a row, the IRS has issued sharply higher new depreciation limitations for passenger automobiles. These limits are updated annually for inflation according to the automobile ...

The tax benefits of real estate have long been important to me. Back when I started my career as an emergency room physician, it was shocking to me just how much money would get taken out of my check ...

100% bonus depreciation is scheduled to drop to 80% bonus depreciation starting in 2023. Certain long-term assets have an extra year (such as orchard plantings). Bonus will drop by 20% each year ...