Federal housing law
2025 Publ 946 (PDF)
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Contents
- 8 chapters · 88 sections
- Jurisdiction
- United States
Contents
▸How To Depreciate Property
Overview▸2025 Returns
Overview- Future Developments
- What’s New for 2025
- What’s New for 2026
- Reminders
- Introduction
▸1. Overview of Depreciation
Overview- Introduction
▸What Property Cannot Be Depreciated?
▸When Does Depreciation Begin and End?
▸What Method Can You Use To Depreciate Your Property?
▸What Is the Basis of Your Depreciable Property?
- How Do You Treat Repairs and Improvements?
- Do You Have To File Form 4562?
▸How Do You Correct Depreciation Deductions?
▸2. Electing the Section 179 Deduction
Overview- Introduction
▸What Property Qualifies?
▸What Property Does Not Qualify?
▸How Much Can You Deduct?
- How Do You Elect the Deduction?
- When Must You Recapture the Deduction?
▸3. Claiming a Special Depreciation Allowance
Overview- Introduction
▸What Is Qualified Property?
Overview- Qualified Reuse and Recycling Property
- Certain Qualified Property Acquired and Placed in Service After January 19, 2025
- Certain Qualified Property Acquired after September 27, 2017, and Before January 20, 2025
- Certain Plants Bearing Fruits and Nuts Planted or Grafted After January 19, 2025
- Certain Plants Bearing Fruits and Nuts Planted or Grafted Before January 20, 2025
- How Much Can You Deduct?
- How Can You Elect Not To Claim an Allowance?
- When Must You Recapture an Allowance?
▸4. Figuring Depreciation Under MACRS
Overview- Introduction
- Which Depreciation System (GDS or ADS) Applies?
- Which Property Class Applies Under GDS?
- What Is the Placed in Service Date?
- What Is the Basis for Depreciation?
▸Which Recovery Period Applies?
- Which Convention Applies?
▸Which Depreciation Method Applies?
▸How Is the Depreciation Deduction Figured?
- Part I
- Part II
- Part I
- Part II
- Part I
- Part II
- Part III