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ACRS

Accelerated Cost Recovery System. Depreciation methods applied to limited partnership assets placed in service in 1986 or before. Replaced by the less-favorable Modified ACRS.

Related Terms: 7 ACRS, Asset, Cover, Depreciation, ECI, Modified ACRS, Recovery
Other Related Pages: Category: Taxes Starting With: A
Semi Related Terms: 414 CLICK HERE TO VIEW
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