DUH?:Needing an irs answer
- Subject: DUH?:Needing an irs answer
- From: o*@aol.com
- Date: Wed, 10 Jul 2002 12:14:25 EDT
I need an answer from someone with accounting expetese.
If a person is filing year tax returns is he required to take a depreciation
deduction on income producing real estate? Or, is the election to take the
depreciation deduction (not the method) optional?
Iris is similar in spelling to irs so I thought this a good place to ask the
question. Plus, the prior help I've received here has been both fast and
benifical. Off list response most be appreciated.
Thanking you in advance,
Always late,
Bill Burleson 7a/b
Old South Iris Society
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Free $5 Love Reading
Risk Free!
http://us.click.yahoo.com/TPvn8A/PfREAA/Ey.GAA/2gGylB/TM
---------------------------------------------------------------------~->
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
