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April 6, 2025
Question

Why is the system not walking me through the process of bonus depreciation for a newly acquired rental property?

  • April 6, 2025
  • 1 reply
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    April 6, 2025

    What is the nature of the item purchased?  The software may think that the property does not qualify for special bonus depreciation.  

     

    See Publication 946 under Excepted Property.

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