a few of the major ones that may affect you real estate investors:
The 15 year depreciation period for qualified leasehold improvements, qualified restaurant property and qualified retail improvement property reverts to 39 year depreciation.
$500,000 Section 179 Deduction drops to $139,000
The 100% Bonus Depreciation Deduction (aka Section 168(k) bonus depreciation) goes away.
Man, wouldn’t it be nice if we could use Section 179 accelerated deprecation on real property! LOL