Tax Benefits
Why is depreciation significant and how does it impact the economics of Genius? Good question…
Property that is classified as tangible versus real provides significant tax depreciation benefits. It is likely that the IRS view KI’s Genius Wall as personal property, but please consult with your own tax advisors to determine the treatment for your specific facts and circumstances. Conversely, gypsum walls will likely be classified as real property.
View KI’s Depreciation Background and Definition.
Conduct a Genius Wall ROI Analysis with the Genius ROI web-based tool.
When your designs need wall system expertise, you'll want a partner who knows the market better than anyone else...KI.
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