> > For residential real estate investments, the depreciation period now is __________ years.

For residential real estate investments, the depreciation period now is __________ years.

A. 7 1/2 B. 17 1/2 C. 20 1/2 D. 27 1/2

159 Views

For residential real estate investments, the depreciation period now is __________ years.

A. 7 1/2 B. 17 1/2 C. 20 1/2 D. 27 1/2

Answer

It's 27.5 which is considered a "useful life" to the IRS so that they make money from the tax depreciation.

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 24 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 159 views.

Recommended Questions