Question: You are explaining to a new business client, Fred, how businesses are allowed only a half - year of MACRS depreciation for personal property in

You are explaining to a new business client, Fred, how businesses are allowed only a half

-

year of MACRS depreciation for personal property in the acquisition and disposition year. This is not what Fred expected and he would like to know if there is any exception to this rule. You should reply that there is an exception when:

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