The split basis rules for business property prevent the deduction of the disallowed personal loss through depreciation or a loss from the sale of business property.

Question

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The split basis rules for business property do indeed prevent the deduction of the disallowed personal loss through depreciation or a loss from the sale of business property. This is to prevent taxpayers from claiming more deductions than they are entitled to, which could result in an unfair tax advantage.

The Split Basis Rules for Business Property Prevent the Deduction