Tax Reduction Letter

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Article Date: July 2010
Word Count: 592

Tax Tips That Unearth Section 179 Deductions in Lodging Properties

Generally, you may not claim a Section 179 deduction for property used primarily to furnish lodging or in connection with the furnishing of lodging.1

But, as you would expect, there are exceptions to this rule.

The law contains four exceptions that allow Section 179 expensing for lodging:

Renting to transients

Certain commercial facilities that are part of the lodging complex but open to ... Log in to view full article.

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