In theory, could I use section 179 for the personal property, and then use the 27.5 depreciation scheme for the remainder of the costs it took to convert the ga...
Thanks for all your help! Section 179 is first year expensing, depreciation scheme would be one year. I spent around 35k outfitting my rental, kitchen appliance...
Tax cuts and jobs acts eliminated the rental restriction starting in 2018. It states that landlords can use section 179 to deduct personal properties items used...
