Qualified Production Property (QPP) allows companies that build their own plants to immediately deduct expenses.
Buildings normally last a long time. A recovery period is the amount of time in which you depreciate an asset, so buildings typically have long recovery periods. You reflect the choice of recovery ...
With better commodity prices, many farmers will be building new shops, barns, and other farm buildings. We got the following question from a reader regarding how can they deduct the cost of these farm ...
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 ...