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General Landlording & Rental Properties

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Terone Johnson
  • Investor
  • Indianapolis, IN
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70
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Bonus Depreciation on Rental Properties

Terone Johnson
  • Investor
  • Indianapolis, IN
Posted May 1 2020, 10:57

Hi, for those here who own rental properties 1-4 unit residential, Are we able to use bonus depreciation when filing taxes on these assets? I was told that you are only able to depreciate These assets with their normal 27.5 year depreciation schedule. 

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