Depreciated property

Real estate used in business typically depreciates over the years, unless improved along the way, due to wear and tear, and changing development patterns.

References in periodicals archive ?

This treatment will yield the correct result if the S corporation has other shareholders that did not transfer depreciated property, because the basis rules will prevent these other shareholders from benefiting from the built-in loss.

The transfer loss property between an S corporation and its shareholder

The carryover basis rules on gifts of depreciated property are more complex.

How inherited assets differ from gifts

174 expenditures to the extent the depreciated property is used in connection with research and experimentation.

Proposed regulations change definition of R&D expenditures

While revenues from income and sales taxes have slowly climbed back to pre-recession levels, depreciated property values are now working into the assessment process.

Municipal borrowing trends in the fourth district

Legislative policy is that on certain dispositions of depreciated property the seller realizes a gain that is, at least in part, attributable to depreciation.

Adjusted gross income

Taxpayers are not required to identify the reservation on which the depreciated property is located.

Tax Expenditures: Available Data Are Insufficient to Determine the Use and Impact of Indian Reservation Depreciation

Additionally, the depreciated property will have a stepped-up basis that will provide a larger depreciation deduction going forward.

Business sale by IRC Sec. 338

Until fairly recently, this same treatment applied when a shareholder contributed depreciated property.

Prevention of double deductions of a single loss: solutions in search of a problem

Properties affected by damage from criminal activity often suffer from reduced curb appeal, increased resident apathy toward property maintenance and depreciated property value.

Technical alliance: technology helps property managers address crime-related property damage

Daikyo group companies became burdened with hugely depreciated property due to the bursting of the bubble economy.

3RD LD: IRCJ decides to help Daikyo's rehabilitation

To be considered for redevelopment, an area must have high vacancy rates, depreciated property values, or have defective design construction, inadequate size or inadequate parking.

CENTERS WILL GET FACE LIFTS; NEW LOOKS PLANNED FOR PLAZAS

Moreover, is appreciated or depreciated property being contributed to the joint venture?

Partnering for profit: strategic alliances and joint ventures are advancing revenue growth of small enterprises

Full browser ?

CITE

Site: Follow: Share:

Open / Close