If not can I then use Section 179? I prefer the use special depreciation at 100%
Read thru IRS Pub 527 Residential Rental Property https://www.irs.gov/publications/p527
I thought we were supposed to provide only yes or no answers. Now we are assigning homework to folks visiting here? This is like being in school again but there isn’t anybody sitting next to you, so a person can’t even cheat and look over someone’s shoulder for the answer. 😬
IRS Reg. § 1.263(a)-3h allows a small TP to expense a capital improvement if:
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