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WebDec 6, 2024 · The most important tax benefit to buying business property is that you can take a depreciation expense on long-term business property, like equipment, vehicles, machinery, computers, and furniture. The federal tax laws give incentives to businesses for buying property, in the form of accelerated depreciation . WebJun 9, 2024 · Their bets have paid off so far: The biggest firms own portfolios with hundreds of thousands of houses, generating big profits for investors. Some are publicly traded: … is the plaza hotel in nyc still open
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