{"id":40842,"date":"2024-01-25T17:26:06","date_gmt":"2024-01-25T17:26:06","guid":{"rendered":"https:\/\/miningtvet.gs.gov.mn\/wordpress\/?p=40842"},"modified":"2026-02-16T16:26:27","modified_gmt":"2026-02-16T16:26:27","slug":"smart-tools-better-business-3","status":"publish","type":"post","link":"https:\/\/miningtvet.gs.gov.mn\/wordpress\/archives\/40842","title":{"rendered":"Smart Tools Better Business."},"content":{"rendered":"

\"real<\/p>\n

You bought a building and land for $120,000 and placed it in service on March 8. The sales contract showed that the building cost $100,000 and the land cost $20,000. The building’s unadjusted basis is its original cost, $100,000. In July 2024, the property was vandalized and they had a deductible casualty loss of $3,000.<\/p>\n<\/p>\n

When Must You Recapture the Deduction?<\/h2>\n<\/p>\n

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In June 2020, Ellen Why Real Estate Bookkeeping is Critical for Your Business<\/a> Rye purchased and placed in service a pickup truck that cost $18,000. Ellen used it only for qualified business use for 2020 through 2023. Ellen claimed a section 179 deduction of $10,000 based on the purchase of the truck.<\/p>\n<\/p>\n