Skip to main content
Level 1
June 5, 2019
Solved

When will the new rental depreciation rules be in place?

  • June 5, 2019
  • 5 replies
  • 39 views
No text available
Best answer by Critter

If you mean the QBI deduction ... the IRS just released the final regs on Friday ... it will take a couple of weeks at least to get the program finished and approved for use by the IRS. 

5 replies

DoninGA
Level 15
Level 15
June 5, 2019
The depreciation of assets nor the recovery periods for assets have not changed.
What exactly are you referring to?
Critter
CritterAnswer
Level 15
June 5, 2019

If you mean the QBI deduction ... the IRS just released the final regs on Friday ... it will take a couple of weeks at least to get the program finished and approved for use by the IRS. 

DoninGA
Level 15
Level 15
June 5, 2019
Well, that is stretch from depreciation...;-)