Monday, November 4, 2013

Landlords: If you fix that building up, will the IRS will give you a break? | Inman News

Posted by Me on Facebook on November 04, 2013 at 05:12AM:



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Source:

http://bit.ly/1aX5CRp

Description:

The IRS says the cost of a change to residential real property or commercial property must be must be depreciated over several years if it constitutes an improvement to the unit of property. The “unit of property” is the building as a whole and up to eight separate building systems.

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