Optional Deprec for OIH-Does it benefit the client or the IRS?

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  • taxea
    Senior Member
    • Nov 2005
    • 4292
    #1

    Optional Deprec for OIH-Does it benefit the client or the IRS?

    http://www.irs.gov/uac/Newsroom/Simp...ting-This-Year

    Has anyone done the calculations to determine which option benefits the client more? Property tax and mortgage interest have to go on Sch A if you opt for the $1500 in lieu of depreciating the home...
    What say you all?
    Believe nothing you have not personally researched and verified.
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