Bye Bye to the Bonus Depreciation Deduction - Propmodo

Retrieved on: 2022-12-11 16:54:02

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Economy

Depreciation

Tax

Money

Taxation in the United States

Income taxes

Depreciation recapture

Section 179 depreciation deduction

Tax deduction

Tax Cuts and Jobs Act

Expense

Capital gains tax

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Bye Bye to the Bonus Depreciation Deduction - Propmodo. View article details on HISWAI: https://www.propmodo.com/bye-bye-to-the-bonus-depreciation-deduction/

Excerpt

Before the TCJA was put into effect, the deduction could only be applied to brand-new constructions or properties that were placed into service ...

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