Demolishing Your Building? You Need to Read This. Now.
When investors and building owners purchase a building that may need to be totally gutted soon, they are disheartened to learn that they will lose all future depreciation deductions related to the building. This Regulation is under §280B. §280B states that if a building is being demolished and more than 25 percent of the walls …
Demolishing Your Building? You Need to Read This. Now. Read More »