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Investors & landlords
You are never required to take accelerated depreciation. You can opt out. You can choose the type of depreciation that works best for your situation.
In general, taxpayers may elect out of bonus depreciation for any qualifying property placed in service during the taxable year. The election applies to all property of the same property class that is placed in service by the taxpayer in the same year.
March 12, 2022
5:04 AM
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