In this episode of The Property Nerds, co-hosts Arjun Paliwal and Adrian Lee from InvestorKit, and Jack Fouracre from ...

The useful life is the period over which you'll depreciate the asset. Next, you must decide on a depreciation schedule, which will tell you how much of the cost to depreciate each year of the ...

then switching to a straight-line depreciation method to finish the depreciation schedule. For more information regarding this election and the specifics of how to make the election, see IRS ...

This accelerated depreciation schedule allows companies to reduce their taxable income in the short term, promoting long-term investments in new equipment and technology. A financial advisor can ...

Sometimes called “additional first-year depreciation deduction,” bonus depreciation was introduced for aircraft purchases with the Job Creation and Worker Assistance Act of 2002 and renewed in ...

The MACRS depreciation schedule is what the IRS uses, and it includes all categories of business equipment. For example, on the MACRS table, trucks and heavy equipment typically carry a five-year ...

Last year, in the Renewable Energy and Job Creation Act of 2008, Congress changed the schedule from seven to five years. However, the modified depreciation schedule and all of the benefits it ...