Depreciation: A Deep Dive
This session addresses depreciation from the inside out. Using real life situations, this module examines depreciating the Home Office as well as other activities, the use of Bonus Depreciation and Section 179 in addition to recognizing when recapture occurs.
Objectives
- Determine when property is eligible for Bonus Depreciation or Section 179
- Properly calculate thededuction
- Understand Depreciation for Home Office
- Understand the importance of monitoring business use after deduction
- Recognize when recapture occurs and properly address
IRS: HGQT7-T-00156-24-O
