i have rental land in up state New York. If I use it to produce income by renting the land to campers who pitch their tents on the land. Am I eligible to take a deduction for depreciation on a rental property and why or why not?

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22-06-2024
Business

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i have rental land in up state New York. If I use it to produce income by renting the land to campers who pitch their tents on the land. Am I eligible to take a deduction for depreciation on a rental property and why or why not?

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