andresr/Getty Images For rental property owners, understanding depreciation is an important consideration for maximizing tax benefits and maintaining compliance with IRS regulations. This tax ...

Here are a few common rental depreciation questions: What is rental property depreciation? What are some depreciation tax advantages? How to report depreciation? How is it calculated? The Internal ...

Tangible personal property is used by companies as part of their operations. It is always depreciated over either a five- or seven-year period using straight-line depreciation but is eligible for ...

“They're only interested in the money,” said John Lowe, a Morristown resident. “Our property value is going to drop. I'm looking—I might have to sell and move.” The quarry site is in a ...

If approved by voters, the change would result in significantly more money for local governments and school districts, who ...

Nevada Democrats would really like to increase property taxes. They just don’t want the electoral blowback for raising ...

Real estate investing provides many tax benefits, and depreciation is one of the biggest. It’s also one of the more misunderstood. Depreciation lets you deduct a portion of the cost of the ...

To apply the MACRS, the total depreciable basis of the property (excluding the land value) is divided by 27.5. This calculates the annual depreciation expense. For example, if you purchase a ...