mark zevanove's (markzev) Blog

Allow homeowners to depreciate their homes.Said depreciation would be in the form of a tax credit not just a deduction.Values would instantly turn upwards based on how short the depreciation time frame was.

If owners of single family homes could depreciate them on a 20 year life, and commercial and residential time periods where made shorter than the exsisting periods.Moreover, if the resulting depreciaton was a tax credit not a deduction,values would recover today. The impact on the federal and sta...