Owning real estate is a great long-term investment idea. It’s just about the only investment you get to write off part of the cost every year, rather than waiting until you sell it. Currently, it ...
The commercial property sector is deeply concerned with both Labour and National policies to remove depreciation for non-residential buildings. “Depreciation of commercial and industrial properties is ...
Owners of both commercial buildings and rental houses will no longer be able to claim depreciation on their them. The budget released today also removes a 20 percent depreciation loading on new plant ...
Even if you lease your business premises rather than owning them outright, there is a reasonable chance that you will want to make some improvements. Most tenants like to build cabinetry or switch up ...
Recent changes made by the IRS and Congress have greatly expanded taxpayers’ ability to currently deduct the costs of property purchased for business use, instead of having to depreciate those costs ...
NORTH BAY ? When it comes to depreciation of real estate, some property owners are taking advantage of a system that reclassifies portions of a property to allow quicker deductions. This process is ...
The tax working group has suggested removing the ability to claim depreciation on buildings. This could raise up to $1.3 billion in revenue. Photo / Herald on Sunday.
According to Jones Lang LaSalle's Offices 2020 Research Program, over the next decade European office buildings face an increased risk of value depreciation and obsolescence as structural change in ...
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