Straight-Line Method

Business / Real Estate / Straight-Line Method: A method of depreciation, also called the age-life method, that is computed by dividing the adjusted basis of a property by the number of years of estimated remaining useful life. The cost of the property is thus deducted in equal annual installments. For example, if the depreciable basis is $ 100,000 and the estimated useful life is 25 years, the annual depreciation deduction is $4,000 for each year during the useful life of the asset. Prior to 1986, taxpayers sometimes used a form of accelerated depreciation such as 175 percent of straight line. The IRS had rules to recapture the amount of depreciation that was in excess of the straight-line rate.

Other Words for Method

Method Adjective Synonyms: way, means, procedure, approach, route, avenue, road, mode, manner, technique, process, routine, modus operandi, plan, scheme, programme, course, routine, practice, pattern, system, methodology, M.O.
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Rayid Method

Health / Massage / Rayid Method: The rayid method was formed by results of research on the meaning of the formations in the iris of the eyes. Hereditary, behavioral, and attitudinal traits with their impact on mental, emotional, and MORE

Quantity-Survey Method

Business / Real Estate / Quantity-Survey Method: The appraisal method of estimating building costs by calculating the cost of all of the physical components in the improvements, adding the cost to assemble them and then including the indirect costs MORE

Purchase Method

Business / Accounting / Purchase Method: A method used to prepare consolidated financial statements when one company has acquired a controlling interest in another company with similar activities by exchanging cash or other assets for more t MORE

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