Tax Law Highlights - 2012

Leasehold Improvement Property - 2012

There is a longer write-off period for certain realty property. For specialized realty assets (qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property) placed in service after 2011, a 39-year (up from 15-year) write-off period generally applies.

Need Professional Help?

If you need help with "Tax Law Highlights - 2012" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.