TaxGuyBill
Level 15
05-27-2020
06:48 PM
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@BobKamman wrote:Nowhere in Regs. Sec. 1.62-2 are the words "depreciation" or "home office." Reliance on sloppy writing results in sloppy answers.
But §1.62-2 does very clearly refer to "part VI (section 161 and following), subchapter B, chapter 1 of the Code". That includes depreciation.