CPAnet Forum: Section 1245/1231/1250

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CPAnet Forum : REG STUDY GROUP

Topic: Section 1245/1231/1250 (

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bennymangan
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Joined: 10 Jan 2012
Location: Kuwait
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Posts: 10

Posted: 13 Jul 2012 at 14:59 \| IP Logged

Can you explain section 1231, 1245, and 1250. What is the major difference between all these items. And what about section 179? Suppose a company takes Macrs depreciation, so company eligible for for section 179? What is bonus depreciation ?

Can you explain.

lauritta
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Joined: 02 Jan 2011
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Posts: 83

Posted: 14 Jul 2012 at 19:28 \| IP Logged

This is a great video about defferent types of properties: http://www.youtube.com/watch?v=90tfQc7_P9Q

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Wiley, some lectures from Becker

Holly
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Joined: 10 Jan 2008
Location: United States
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Posts: 245

Posted: 15 Jul 2012 at 22:08 \| IP Logged

Thanks, Lauritta, that is a great video. It's a little different than how I understood it, but it comes out the same and he made it seem easier.

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