Posted 4/7/2012 17:04 (#2325435 - in reply to #2325344) Subject: RE: Buy an acreage, can I deduct the out buildings?
They are deductable as an expense for this year but I doubt that they can be section 179. I also believe that you will be able to deduct the percentage of depreciation relative to the amount of time you owned them this year.
INDY