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.
Ladies and gentlemen: Mr. and Mrs. Clooney! George Clooney and his stunning wife Amal Alamuddin hit the 2015 Met Gala red carpet outside of the Metropolitan Museum of Art in NYC on Monday, May 4, looking like quite the picture-perfect couple.