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Politics : Formerly About Advanced Micro Devices
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To: Heywood40 who wrote (1136156)5/23/2019 4:27:11 PM
From: Tenchusatsu  Read Replies (1) of 1585562
 
Heywood, thanks for the links. The last one proves my point and disproves yours.

You can indeed depreciate income-producing buildings, which is what the vast majority of Trump's assets consists of.

You cannot depreciate the land itself, which makes sense.

Therefore, the fact that Trump took depreciation deductions of $1.17B over 10 years is plausible.

And your assertion, "Only improvements on real property are depreciable, not the underlying property," is complete B.S.

Tenchusatsu
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