Real Estate taxes
What we pay for investment real estate today is more reflective of its actual value as business than it was years ago have all tax benefits been taken away? 45 years ago that period of time has been steadily reduced until 1986 , when lengthen to 31.5 for commercial property,Formerly , the law would allow you to, in effect . During the first year of ownership, the depreciation deduction is pro-rated is it true today that this would still br based on the month you buy?