Even if you don't take this depreciation, it will be treated as if you did when it comes times for calculating the basis of the home sale and capital gains exclusion. |
We estimate that, at the $1,000-or-less threshold amount, approximately 950,000 taxpayers will be eligible. |
We have attorneys working on it, and we're trying to get it out as quickly as possible. |
We've seen an explosion of this scam this year. |