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Exam term

Depreciation deduction

A noncash deduction that allocates the depreciable cost of income-producing improvements over time. Land is not depreciable, and the deduction is distinct from changes in market value.

Lessons that use this term

  • Investment property: classes of income, gain and loss, depreciation, and recapture New York

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  • Real Estate
  • SAFE MLO
  • SIE

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