cred65 Posted April 10, 2009 Report Share Posted April 10, 2009 Client who has acquired several residential rental properties in Cinti, OH during 2008 thinks that the 50% bonus depreciation would apply to these properties. With limited time I do not have research available to either confirm or deny this premises. Anyone have any particular insight to this assertion? TIA Quote Link to comment Share on other sites More sharing options...
grandmabee Posted April 10, 2009 Report Share Posted April 10, 2009 no, does not qualify for bonus. no real estate and second its not new Quote Link to comment Share on other sites More sharing options...
jasdlm Posted April 10, 2009 Report Share Posted April 10, 2009 Agree. Quote Link to comment Share on other sites More sharing options...
michaelmars Posted April 10, 2009 Report Share Posted April 10, 2009 btw - might pay to put on extensin and discuss doing a cost seg with the client. Quote Link to comment Share on other sites More sharing options...
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