The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Tax on inherited IRA||Date: 2/21/2013 4:29 PM|
|Author: RBMunkin||Number: 117834 of 122636|
So he wants to make up for the tax he owes by expensing a huge amount of improvements he made to his vacation rental. Normally it looks like it must be depreciated over 39 years. But why isn't Turbo Tax offering to allow him the Section 179 deduction?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|