Legislation passed in 2025 can provide significant additional tax savings for individuals who own rental properties or ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was depreciated beyond the straight-line method, the extra depreciation is taxed at ...

Property depreciation is the gradual reduction in the value of a property over time due to factors like wear and tear, which can be used for tax deduction purposes. Property depreciation is typically ...

Recoverable depreciation is only applicable for replacement cost value (RCV) policies and allows policyholders to recoup the difference between the actual cash value (ACV) and RCV, after providing ...

Philip Gelderblom has been writing professionally since the '90s. He has written mainly content on a freelance basis, including about cars, future cars, EVs, hybrids and hydrogen cars, self-driving ...

One of the most important considerations to make when buying a new car is researching its resale value. Knowing how fast a vehicle depreciates is a useful piece of information. Here's the thing: No ...

Philip Gelderblom has been writing professionally since the '90s. He has written mainly content on a freelance basis, including about cars, future cars, EVs, hybrids and hydrogen cars, self-driving ...