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When and how does the original use of tangible property in an OZ start?

When and how does the original use of tangible property in an OZ start?


Answers
  • Brad Cohen
    June 18, 2020

    When placed in service for depreciation.

  • Maria De Los Angeles Rivera
    June 17, 2020

    The original use starts when the property is first placed into service for depreciation or depletion purposes.

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