Short Term Home
I just opened this year. We finished our basement for the daycare. We plan to move in 2 years, but life can happen so no guarantees. How will depreciation effect our home sale?
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home sale
Originally Posted by LittleExplorers: Also, you'll want to depreciate your basement remodeling. See my article on the 50% bonus depreciation rule: http://tomcopelandblog.com/good-news-home-improvements |
Thank you. I am working with a tax professional who has attended and does attend many of your seminars, I just try to be knowledgeable on my end as well.
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