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.
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However, if you claimed accelerated depreciation deductions, they will be partially “recaptured,” meaning you must now report some of those deductions as ordinary income. According to the new rules, these recaptured deductions must be reported as of the year of the sale a,id not in installments. Be careful: You might have a big tax bill, and not get all your money for two more years.
If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, VA 22747. Phone: 675-3400. We’re here to help.
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