President Donald Trump, speaking at the World Economic Forum in Davos, Switzlerland, floated the idea of allowing ...

The cost of owning a home has become a central issue in American politics. As the 2026 elections approach, proposals touching ...

The fact a person can't benefit from depreciation on a property but a corporation can is a 'crazy thing', says Trump.

Donald Trump has suggested extending depreciation—an annual tax deduction that lets owners recover property costs over ...

What is depreciation? Learn how it works, the main methods and how it impacts your business taxes and accounting.

IRS Section 1245 determines how certain types of property are taxed upon sale. Specifically, it deals with recapturing depreciation on personal property and specific kinds of real estate. When ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was depreciated beyond the straight-line method, the extra depreciation is taxed at ...