Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 2 · column 3 of 9 · from the scan, no model involved
The latest tax law allows complete depreciation of investment property in only 15 years. This can mean a substantial tax saving compared to the previous method of depreciating property for tax purposes over a life span ranging from 40 to 60 years.
On top of that, the property owner can elect to use a 175 percent declining balance method (200 percent declining balance in the case of lowincome property) which translates to huge tax savings in the early years of ownership. Or the owner can elect a straight line (equal yearly) depreciation over the same 15 year period. Here’s how the difference would look using as an example a new
95.4%