Think fast: take advantage of faster depreciation.(Tax Talk)(cost segregation study)
From: Entrepreneur
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Date: 12/1/2004
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Author: Szabo, Joan
There's good news for entrepreneurs who own business real estate. Recent guidelines from the IRS indicate that the tax agency is now more receptive to business owners accelerating depreciation on buildings already built or being built. Properties with the best tax-savings potential include retail stores and chains, restaurants, office buildings and warehouses. As you know, accelerating a tax deduction is worth more in today's terms than it will be worth in the future. Another benefit ...
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