For personal property placed in service in 2018, the § 179 maximum deduction is limited to $1,000,000.
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Q1: The key date for calculating cost recovery
Q2: The maximum cost recovery method for all
Q5: If more than 40% of the value
Q12: Any § 179 expense amount that is
Q13: Residential rental real estate includes property where
Q14: Property which is classified as personalty may
Q18: Antiques may be eligible for cost recovery
Q18: Taxpayers may elect to use the straight-line
Q19: Under the MACRS straight-line election for personalty,
Q19: All personal property placed in service in
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