UK Property Depreciation
Feb 12th 2019, 3:55 pm
#31
Lost in BE Cyberspace
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,425
Re: UK Property Depreciation
Section 179 of the tax code allows landlords to immediately expense up to $1 million of new or used appliances in 2018 ($510,000 for 2017).
Feb 12th 2019, 3:58 pm
#32
Lost in BE Cyberspace
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,425
Re: UK Property Depreciation
If you have a mortgage, make sure you are aware of the capital gains incurred for FX gains made from the loan. I am assuming it was not a USD mortgage, but taken in GBP.
