Depreciation spreads those costs across the useful life of the property. Say you buy a building to use as a rental. Rather than take a single, large tax deduction in the year you bought the property, you would take a portion of the cost of the building as a smaller depreciation deduction each year.
The Daily Mail had alleged that Clooneyâs future mother-in-law, Baria Alamuddin, was opposed to the impending marriage because Clooney is not a Muslim, and, especially, not Druze.
Amal Clooney Looks Chic at Airport with Husband George! George Clooney and his wife Amal Alamuddin Clooney walk hand in hand at the airport on Monday (May 30) in Rome, Italy. The 55-year-old actor was in town with Amal to attend an event where they got to meet the Pope. PHOTOS: Check out the latest pics of George Clooney. George is currently starring in the movie Money Monster, which tells the story of financial TV host Lee Gates and his producer Patty, who are put in an extreme situation when an irate investor takes over their studio.