Episode

Enrolled Agent Exam [Part 2] 45, Alternative Depreciation System (ADS)

Podcast
Finance Exam Prep
Published
Jun 11, 2026
Duration seconds
232
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not_requested
Canonical source
https://open-exam-prep.com/
Audio
https://episodes.captivate.fm/episode/a342986c-ada9-4012-b273-8d65e7c56046.mp3
JSON
/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-45-alternative-depreciation-system-ads
Markdown
/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-45-alternative-depreciation-system-ads.md

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Summary

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - When the Alternative Depreciation System (ADS) is mandatory for property such as foreign use and tax-exempt use property. - The consequences of a real property trade or business electing out of the Section 163(j) interest limitation. - How ADS utilizes the straight-line method over longer recovery periods compared to the General Depreciation System (GDS). - The rule that property depreciated under ADS is ineligible for bonus depreciation, a common exam trap. - The binding and irrevocable nature of an election to use ADS for a specific class of property for a given tax year. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep