Certain property that is normally depreciated over 39 years can now, (for a limited time offer), be deducted fully in 2022!
First, who can take this Big Tax Break?
Owners or Lessees of
• Office Buildings
• Strip Malls
• Motel or Hotel
Second, what improvements are included in this Big Tax Break?
Qualified Improvement Property (100% Bonus Depreciation)
o Interior Doors
o Non-load bearing interior walls
o Fire protection
o Heating and air interior equipment and ductwork
o Security equipment
Qualified Real Property (Section 179 Expensing)
o Heating, ventilation, and air-conditioning (HVAC) property