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Business & farm
@mackyd wrote:
I built a building on my property for 100% business use for my woodworking business. Can I expense it all this year or do I need to depreciate over time?
You are going to have to depreciate the building as an asset over time. Specifically, the building would be nonresidential real estate which has a recovery period of 39 years.
‎April 20, 2023
3:32 PM
640 Views