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Level 3
June 21, 2023
Question

Accelerated Depreciation

  • June 21, 2023
  • 2 replies
  • 9 views

A client had a cost segregation study for real estate purchased. How do I activate IRS Section 1245 - accelerated depreciation?

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2 replies

sjrcpa
Level 15
June 21, 2023

You enter the components, or each asset, as separate depreciable assets and choose the correct method and life for each.

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