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bonus depreciation

Level 1

Is the 100% bonus depreciation available for RESIDENTIAL RENTAL PROPERTY.


That is - are residential rental property asset additions - qualified property?


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2 Comments 2
Level 15
Possible but depends on class life and acquisition date.
Still an AllStar
Level 1

Purchased $31,000 of Security Cameras for a residential apartment building in 2018 with a useful life of 5 to 7 years. I assume I am not allowed the section 179 depreciation but can I take the 100% bonus depreciation?????

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