Accelerated Cost Recovery System

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January 1, 1 6 min read Definitions

Accelerated Cost Recovery System ACRS Depreciation Economic Recovery Tax Act MACRS Real Estate Taxation Real Estate Investment

The Accelerated Cost Recovery System (ACRS) is a method of depreciation that spreads the deduction of a property’s cost over specific periods. Originating from the Economic Recovery Tax Act of 1981 and later modified, ACRS was devised to provide significant tax incentives.

January 1, 1 6 min read Definitions

Section 168

Section 168 Internal Revenue Code Accelerated Cost Recovery System Modified Accelerated Cost Recovery System Depreciation Tax Purposes Residential Rental Property Commercial Real Estate

Section 168 of the Internal Revenue Code outlines the Accelerated Cost Recovery System (ACRS) and the Modified Accelerated Cost Recovery System (MACRS), which are methods of calculating depreciation for tax purposes.