If you recorded a $1 million expense this month for buying a factory or an office building, it might leave your ledger swimming in red ink. Depreciation lets you expense the purchase price over time ...

The Internal Revenue Service defines the depreciable life of a building as 27.5 to 39 years. But that doesn’t mean that all assets grouped with the building have to be on the same depreciation ...

Charity begins at home. Stretch that aphorism to mean that charity can include the donation of your building to a qualified 501(c) nonprofit organization. Such donations benefit both the donor and the ...

Depreciation is key in maximizing asset ROI, while minimizing the financial impact of acquisition. How companies choose to write down assets over time differs, yet all write-downs follow a ...

With better commodity prices, many farmers will be building new shops, barns, and other farm buildings. We got the following question from a reader regarding how can they deduct the cost of these farm ...

Owning real estate is a great long-term investment idea. It’s just about the only investment you get to write off part of the cost every year, rather than waiting until you sell it. Currently, it ...