Depreciation-Related Breaks Offer 2016 Tax Savings on Business Real Estate
Generally, commercial buildings and improvements are depreciated over 39 years. This essentially means you can deduct a portion of the cost every year over the depreciation period. (Land isn’t depreciable.) But enhanced tax breaks that allow deductions to be taken more quickly are available for certain real estate investments: 1. 50% bonus depreciation. This additional […]
