Explore what constitutes depreciable property and learn how these assets qualify for depreciation under IRS guidelines. Includes vehicles, real estate, and more.

TheZebra reports that homeowners insurance payouts can be lower than expected due to depreciation factors affecting claims.

Discover how same-year tax deductions apply to capital expenditures, with insights into Section 179 deductions and the difference between CapEx and OpEx for tax purposes.

TurboTenant reports that the short-term rental tax loophole allows property owners to offset income with losses, reducing ...

High-income professionals often feel stuck: W-2 wages (or big business profits) show up on the tax return, and the IRS ...

During a speech in Davos, Switzerland, President Donald Trump stated that he would be looking into depreciation deductions for rental property, suggesting they are a tax advantage for owners of rental ...

Question: I am planning to sell a residential rental property for about $1 million. I purchased the property 30 years ago at a cost of $350,000 (allocated 250,000 to the building and $100,000 to land) ...

Bonus depreciation is a powerful tax savings strategy that, thanks to software and automation, is now accessible to any rental property owner and their accountant. With it, rental property owners can ...

How landlords use the Big Beautiful Bill to save $100,000 Maximizing cash flow is always the goal for real estate investors. But many are leaving cash on the table by opting for standard depreciation ...

Maximizing cash flow is always the goal for real estate investors. But many are leaving cash on the table by opting for standard depreciation instead of bonus depreciation for qualifying properties.