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:

 

1.

Renting to transients

2.

Certain commercial facilities that are part of the lodging complex but open to the public

3.

Energy property

4.

Qualified historic rehab expenditures

 

Renting to Transients

 

You do not furnish lodging when you primarily (more than half the time) rent ... Log in to view full article.

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