I understand that a building would go on a depreciation schedule but have read on the internet (dangerous I know) about deducting parts of it off as repairs and maintenance to get a more immediate ...

Depreciation must be reported to the Internal Revenue Service (IRS) on Schedule E ... a rental property for $200,000 ($160,000 for the building + $40,000 for the land). During eight years of ...

This accelerated depreciation schedule allows companies to reduce ... as well as certain improvements to nonresidential ...