As this posting by Roger Russell in AccountingToday says, Depreciation can be a great benefit, but beware of recapturing it on the sale of the asset at much higher rates:
http://www.accountingtoday.com/news/Beware-Tax-Code-Bearing-Gifts-67927-1.html
This is where planning can help reduce or virtually eliminate the high recapture rates. Call or email me for more information on this.
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