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Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
It's a good idea to review your depreciation schedule every year, especially when you make improvements to your property. Just like regular maintenance on a car, keeping it updated helps it run smoothly.
Both residential and commercial properties can take advantage of a depreciation schedule. If it’s a building you rent out, it usually qualifies, making it a smart move to keep track.
In Seattle, residential properties usually have a useful life span of 27.5 years, while commercial properties often last about 39 years. Think of it as a timer counting down the years until it's time for a refresh.
If you own property in Seattle, a depreciation schedule helps you understand your investment better. It's a handy tool when it comes to tax deductions and planning for the future.
A depreciation schedule is like a roadmap that shows how much value a property loses over time. Think of it as keeping track of the wear and tear on your home.
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