4 ms·
> Depreciation is very fundamental to business tax law. I'm not sure how you'd "fix" that without penalizing non-rental companies for expanding. You can fix it
by rr888 4y ago
> Depreciation is very fundamental to business tax law. I'm not sure how you'd "fix" that without penalizing non-rental companies for expanding.
You can fix it by only deprecating the original cost. A person who buys a 50 year old house shouldn't be able to depreciate a second time, (then next owner again)