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Buy an acreage, can I deduct the out buildings?
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Indianajones
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
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