Legislation passed in 2025 can provide significant additional tax savings for individuals who own rental properties or ...

Depreciation recapture taxes gains from selling depreciated property as ordinary income, reclaiming prior tax benefits. If you’re a business owner, you’ve probably bought at least some property to use ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was ...

Assets like equipment, vehicles and furniture lose value as they age. Parts wear out and pieces break, eventually requiring repair or replacement. Depreciation helps companies account for the ...

Minneapolis (WCCO) — It’s a historic Minneapolis neighborhood that some say is slowly losing its charm. Teardowns in Linden Hills have some residents worried about developers buying lots. Built in ...