Tax depreciation amounts for those two years


You purchase a commercial building and lot for $450,000 on September 2nd, 2012. The lot is estimated to be worth $80,000 when you buy it. You sell it for $500,000 in March 15th of 2013. What are your allowable TAX depreciation amounts for those two years?

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Accounting Basics: Tax depreciation amounts for those two years
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