the base is always acquisition cost

來源: 2024-02-22 06:54:51 [博客] [舊帖] [給我悄悄話] 本文已被閱讀:

the depreciation base is not the fair market value of the property on the placed-in-service date.  It is the aquisition cost.  If you paid the property (minus land) for 10K 20 years ago and it costs 1 mil now, your depreciation basis is still $10K.   This applies to machine, equipment, structure, facility etc. etc.