Additional First-year Depreciation

Definition of "Additional first-year depreciation"

Carlos Soares real estate agent
Carlos Soares, Real Estate Agent Century21 Semiao & Associates

Property value of up to $10,000 that of a taxpayer may elect to treat as an expense rather than as an asset. It applies only to personal property, not real property.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Real Estate Terms

Popular Real Estate Questions