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 ...
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 ...
The IRS issued higher new depreciation limitations for passenger automobiles, although the increases are smaller than in the previous two years. These limits are updated annually for inflation, based ...
For the first time in at least three years, the IRS issued lower depreciation limitations for passenger automobiles. These limits are updated annually for inflation, based on the automobile component ...
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 ...
Under today’s federal income tax rules, your business may be able to claim big first-year depreciation write-offs for eligible assets that are placed in service in the current tax year. But is that a ...
EVs depreciate faster than any other category of cars. The Tesla Model 3 holds its value better than any other EV in the study. Hefty discounts and government incentives are causing EVs to depreciate ...