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Found a job opportunity at EY as a Consultant/ Audit Valuation Specialist on LinkedIn. Does EY Dubai office has a deal advisory or a transaction services department? Is it the same department as for an Audit Valuation Specialist? From the job opportunity name it appears to me that Audit has special Valuation department. Can someone bring the light please? EY
In the end you’ll get the full depreciation amount as MACRS. Consider the cost seg costs and if you really need more depreciation up front.
Yes, it’s an accelerated write off; when you sell the taxes will be higher due to the lower cost base of the asset.
Unless you 1031 it… (further deferral)
Or inherit it to your children… (rebase at market value)
Subject Expert
Yes but if your deduction is more than you can recognize initially, you can carry it forward.