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Investors & landlords
Yes, you can take Section 179.
This, from IRS Publication 946, How to Depreciate Property:
To be depreciable, the property must meet all the following requirements.
• It must be property you own.
• It must be used in your business or income-producing activity.
• It must have a determinable useful life.
• It must be expected to last more than one year.
June 1, 2019
1:01 AM