Question

None of the following will increase basis for depreciation EXCEPT: Assessments for local improvements, such as sewers and sidewalks, and the cost of extending utility service lines to the property. The cost of demolishing a building. Section 179 deductions. Casualty losses deducted on a retur

Answer 1

A. Assessments for local improvements, such as sewers and sidewalks, and the cost of extending utility service lines to the property.

Step-by-step explanation:

Assessments for local improvements, such as sewers and sidewalks, and the cost of extending utility service lines to the property increases basis.

The cost of demolishing buildings is generally added to the basis of the land on which the buildings were located

Both C and D decrease basis.

Answer 2

Step-by-step explanation:

it's D because I'm just making this longer so I can post it thank you and good bye