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.
They feel like theyâve hit the family jackpot.â MORE: George Clooneyâs Wife Amal Is Pregnant: How IVF Made Their Baby Dreams Come True (EXCLUSIVE) It sounds like George and Amal will make wonderful parents. He is already super attentive to all of Amal's needs! âHeâs taking care of Amal like never before. Anything she wants or needs, George tries to anticipate it.