Guide to Depreciation Rules and Their Interaction with the Repair Regulations Webinar

Stay informed of current depreciation methods
Know the ways in which the repair regulations and the depreciation rules interact

Highlights

Depreciation rule changes relating to Section 179, bonus, and 15-year qualified real property
When taxpayers may take the Section 179 deduction
When related party rules prevent using an accelerated depreciation method
Summary of how the repair regulations determine when expenditures relating to buildings and tangible property should be capitalized or expensed
Safe harbor elections that taxpayers can make under the repair regulations to expense items that otherwise might be capitalized
Rev. Proc. 2015-56: the election to expense 75% of expenditures relating to certain types of real estate
Meaning of the “placed in service” requirement