Buildings depreciate at a rate of 27 percent per year. Only assets with a recovery period of 20 years or less are eligible for 5- or 39-year life and bonus depreciation. These assets are then ...

Why is the straight-line depreciation method important? The straight-line depreciation method is important because you can ...

The depreciation recapture portion of your capital gain is taxed at your ordinary tax rate, not the capital gains rate. Now, if you are keeping track, the long-term capital gains tax rate for all ...