fbpx
Home / News / Government Federal / Latest round of IRS case rulings (8058)

Latest round of IRS case rulings (8058)

Taxpayers have typically struggled with the length of the Internal Revenue Code’s statutory guidelines for depreciation of real estate (39 years for non-residential real estate and 27.5 years for residential rental property). In recent history however, the tax court has ruled that components of a building that are treated as personal property under the ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*