How often may the depreciation be deducted?

My friend have a beach front rental property in Miami, Floria and has deducted depreciation and other expenses from the rental. I know that some of the expenses are not deductible because the property was used for personal purposes. He said that he was...

a twice a year b at the same rate every year c using a formula d b and c

a twice a year b. part of the balance sheet c part of the expenses d an asset

Think of it, if you buy equipment every year with amount of money equal to EBT, you won't pay any taxes, and the assets of your business is growing :) have you ever thought of ...show more

I had a claim on my house earlier this year and the replacement cost value came out to a little over $10,500. The insurance company then deducted $500 for my deductible and another $1,500 for depreciation and sent me a check for $8,500. I had to fire...

xyz sold a building used in its manufactoring business. The selling price of the building was $50,000. It orginally cost $42,000 in 1999 and xyz deducted 7000 tax depreciation on it. Assume the book value of the building is equal to the tax adjusted...

How does one calculate financial payback for an investment in solar power? I think it should be: yearly savings x growth in tariff - discounted savings - O & M costs Now, should interest on investment and depreciation be deducted from annual savings...