A client operates a garage in his back yard. The Garage is a separate structure from the house. In 2006 he personally tore out part of one wall and extended the garage so he would have more room for storage. Is there any possible way we can take a section 179 election to expense on part of what he spent for building materials?
When I call the whatever it is a "15/20 improvement" my software lets me take a 179 but I figure I ought to understand what that is and what the rules are for claiming it before I just blithely claim it. The only reason I even thought of this is that it does seem to me that he has put an improvement (at least in the ordinary sense of the word) on his garage.
When I call the whatever it is a "15/20 improvement" my software lets me take a 179 but I figure I ought to understand what that is and what the rules are for claiming it before I just blithely claim it. The only reason I even thought of this is that it does seem to me that he has put an improvement (at least in the ordinary sense of the word) on his garage.
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