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Tax, SDIRAs & Cost Segregation

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33
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9
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Paul Stern
  • Investor
  • Bettendorf, IA
9
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33
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How to handle rebate for an asset received a year later

Paul Stern
  • Investor
  • Bettendorf, IA
Posted Feb 26 2015, 17:04
I had a new hvac system installed in 2014. I depreciated a portion of the asset according to MACRS. Now, in 2015 I received a rebate for the HVAC system. Any thoughts on how to handle this in my books and tax wise? Thanks!

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