Placed in Service Rules Update

Title: Placed in Service Rules UpdateShow Notes:Lentine v. Commissioner, T.C. Docket No. 12443-21 (March 25, 2025)Treasury Regulation 1.167(a)-10: https://www.law.cornell.edu/cfr/text/26/1.167(a)-10 Treasury Regulation 1.46-3: https://www.law.cornell.edu/cfr/text/26/1.46-3About The Essential Tax Podcast:In each episode of The Essential Tax Podcast, MishkinSanta takes on the complex world of tax — all the jargon, acronyms, and stuffthat makes your eyes glaze over, and explains it in an impactful way tounderstand the complex and unknown areas.Watch or listen to more episodes of The Essential TaxPodcast: * YouTube: https://www.youtube.com/@TheWolfGroupPC * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf Connect and learn more from your host, Mishkin Santa: * Connect withMishkin on LinkedIn: https://www.linkedin.com/in/msanta * Follow The WolfGroup on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc * Read Mishkin’s bio on The Wolf Group’swebsite: https://thewolfgroup.com/our-people/mishkin-santa