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.
As an actor, George Clooney is used to starring in emotional scenes. But as the Hollywood star embraced his new wife Amal at their beachside bar in Mexico on New Yearâs Day, he found himself cast firmly in a supportive role. For top-flying human rights lawyer Amal has been threatened with arrest in Egypt after presenting a report that exposed flaws in the countryâs judicial system.