Blog May 3, 2016

Automated Parking and the Benefit of Accelerated Tax Depreciation

Of the many benefits Automated Parking Systems (APS) offer, tax depreciation, particularly in comparison to standard car parks and garages, is one of the most attractive economic values. Developers could benefit from accelerated tax depreciation in as little as approximately seven years. With APS, property owners and developers are eligible for tax depreciation—a tax deduction […]