TY  - JOUR
AU  - Hendershott,Patric H.
AU  - Ling,David C.
TI  - Prospective Changes in Tax Law and the Value of Depreciable Real Estate
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 1352
PY  - 1985
Y2  - February 1985
UR  - http://www.nber.org/papers/w1352
L1  - http://www.nber.org/papers/w1352.pdf
N1  - Author contact info:
Patric H. Hendershott
Fisher Hall
Ohio State University
2100 Neil Avenue
Columbus, OH 43210
Tel: 218/963-1393
Fax: 218/963-9484
E-Mail: hendershott.2@osu.edu
AB  - The Economic Recovery Tax Act of 1981 significantly reduced the taxation of income-producing properties by accelerating tax depreciation on both new and, especially, existing properties. A partial reversal of the 1981 legislation appears likely. To provide some insight into the possible effects of a decrease in tax depreciation of income-producing properties, two potential tax changes are analyzed: an increase from 15 to 20 years in the tax service lives of both new and existing properties and an increase for existing properties only. Both residential and commercial/industrial properties are considered.
ER  -