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West Lafayette IN | The guy that we bought our first condo off of in 2019 sold for two reasons.
1. He had used up all of the depreciation. He could roll it into 2 condos and start the 27.5 year depreciation schedule all over again.
2. President Trumps tax cuts and jobs act allowed for 100% depreciation on used items within the unit. For instance, furniture and appliances. | |
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