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How Much Is Bonus Depreciation In 2025 Taxes
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How Much Is Bonus Depreciation In 2025 Taxes. The bonus depreciation deduction limit for the 2023 tax year is 80% of the asset cost, down from 100% in 2022. Personal property typically has a depreciation period of fewer than 10 years when used inside rental property.
This strategy includes trucks, suvs, rvs, and even motorcycles. It is a quicker depreciation schedule for a more immediate expense deduction.
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