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Updated almost 5 years ago,

User Stats

7
Posts
1
Votes
Darrell Wallace
  • Rental Property Investor
  • Spring, TX
1
Votes |
7
Posts

Did Stimulus Bill include change to depreciation limits?

Darrell Wallace
  • Rental Property Investor
  • Spring, TX
Posted

I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as a tax break for the 1%. It wasn’t clear if it was referring to the passive loss rule or something else. Does anyone know about this? Looking for the real scoop?

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