How to Depreciate Properties You Own?

Answer An advantage of real estate investment is the opportunity to depreciate the properties you own, thus decreasing your taxable base. There are several different ways of depreciating your properties a... Read More »

Top Q&A For: How to Depreciate Properties You Own

How to Depreciate Equipment?

To many people who own a small business or take a home office deduction, the process of depreciating equipment doesn’t make a whole lot of sense. Depreciation isn’t rocket science, but the IRS ... Read More »

How to Depreciate a Wrecked Vehicle?

Depreciation is both the decrease in an asset's value due to its usage and the accounting procedure used to represent this phenomenon on the accounts. In each period that a depreciable asset is use... Read More »

How Much to Depreciate Automobiles?

How much an automobile depreciates depends on a number of factors. Depreciation rates vary by manufacturer, type of car, model year and mileage. A new car buyer feels the sting of depreciation as s... Read More »

How to Depreciate a Fixed Asset?

One of the basic principles of accrual accounting is to match expenses to the period in which they are used. In the case of many fixed assets, they are used over many periods, so their value must b... Read More »