Depreciate your Building – Section 179 Publication 946
Exciting news ~ 2015 is a great time to build your post frame building! The IRS is offering the opportunity to depreciate up to $500,000. You are able to use this program for items that provide a source of income.
Examples of items that you can depreciate are:
- Single Purpose Agricultural & Horticultural Buildings
- Storage Facilities used in conjunction with petroleum
- Equipment
- Livestock
For more information, please go to:
https://www.irs.gov/publications/p946/ch02.html#en_US_2013_publink1000107394
It is always a good idea to check with your accountant to be sure you are eligible. Get started today! RAM Buildings would love to build you the pole barn of your dreams!
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