TAX INSIGHT pp 249-257 | Cite as


Very Complex Tax Rules Boiled Down into Fairly Simple Terms
  • M. Casey Murdock


The rules governing depreciation are very complex, complicated, and convoluted. To give you an idea of how complex they really are, one of the premier guides on depreciation written for tax professionals, the U.S. Master Depreciation Guide, by CCH, is more than 1,000 pages long! Because of the vast number of details and nuances regarding depreciation, I am not going to attempt to give you 1,000 pages worth of information summed up into a 10-page chapter. Instead, this chapter will help you understand the general concept of depreciation and then focus on three key things that you will need to understand as you pursue your tax strategy. The subjects covered in this chapter will be:


Business Purpose Real Estate Asset Depreciation Schedule Depreciation Method Internal Revenue Code 
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Copyright information

© M. Casey Murdock 2014

Authors and Affiliations

  • M. Casey Murdock
    • 1
  1. 1.CAUSA

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