If a corporation used straight-line depreciation on commercial real estate, then no gain on the sale of the property will be recaptured as ordinary income. True False
Added by Thomas P.
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Straight-line depreciation is a method where an asset's cost is evenly spread out over its useful life. For commercial real estate, this means that the property is depreciated over a set number of years, typically 39 years in the U.S. Show more…
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