3 ms·
I can not be bothered to do the experiment, but take a US house. Do zero maintenence or updating for 22 years and I expect it will have depreciated towards land
by blitzar 3y ago
I can not be bothered to do the experiment, but take a US house. Do zero maintenence or updating for 22 years and I expect it will have depreciated towards land value only.
- midoridensha 3y agoOP isn't talking about that. The IRS rules require you to depreciate real estate over 27.5 years.