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Bonus Tax Depreciation

April 01, 2013

Note: Bonus Tax Depreciation is offered by the federal government. Lester Buildings is in no way connected to tax programs. Please consult with your tax advisor for more information.

What buildings qualify?
- farm buildings
- ag storage buildings
- machine shops
- barns
- hay storage

Construction deadline:
The building must be finished by December 31, 2013 to qualify for the 50% bonus depreciation.  The remaining 50% is depreciated over 20 years.