Tax Act Reduces Recovery Period for Depreciation

Tax Act Reduces Recovery Period for Depreciation
Martin J. Doyle, Co-Author; et al.
The Legal Intelligencer

In this article, Martin J. Doyle, Partner in the Transactional Real Estate Practice Group in the Philadelphia office, examine the impact of the American Jobs Creation Act of 2004, which was signed into law on October 22, 2004.

This Legal Intelligencer article addresses changes made by the act in the recovery period for depreciation of certain leasehold improvements made to commerical buildings and certain improvements made to restaurant properties.

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