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Property is an investment. Can you get deductions for other types of investments?
by flashman 11y ago
Property is an investment. Can you get deductions for other types of investments?
- ktRolster 11y ago> Can you get deductions for other types of investments? Yes, especially capital expenditures
- deleted 11y ago[deleted]
- flashman 11y agoDid not know that. Our company gets deductions for R&D spending, which is sort of like investment.
- AjithAntony 11y agoFWIW, I don't think there is anything special about R&D. Most of that is just straight up expenses, like salaries for the folks doing the R&D. Buying expensive equipment can be depreciated, regardless of the specific purpose.