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.
Distinguished: Amal Clooney will join the legal team set to represent 14 Irish men who claim they were subjected to torture methods by the British Government in the 1970s. Newly married: Amal, 37, with her movie star husband George.