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Depreciation on a building built in 1979
What depreciation would you use on a commercial building that was built in 1979, bought in 2006? It is an older structure - do you still use 39 years? Since it is an older building - makes sense that the useful life of the building should be less than 39 years or it does not matter? Thank you for your help!
‎February 18, 2021
11:09 AM