Month: October 2017

Currently, a valuable income tax deduction related to real estate is for depreciation, but the depreciation period for such property is long and land itself isn’t depreciable. Whether you rent it out or occupy it by your business, here’s how you can maximize your real estate depreciation deduction. Segregate Personal Property from Buildings Generally, buildings … Continue reading “Depreciation for Real Estate: How To Maximize On Your Deductions”