Question: 1. Please explain the difference between Personalty and Realty. 2. Please give some examples of personal property and real property 3. Please give some examples

1. Please explain the difference between Personalty and Realty.

2. Please give some examples of personal property and real property

3. Please give some examples of residential and non-residential property

I am trying to understand which MACRS table I need to use when calculating depreciation. Thanks!!

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