Ind. Code § 6-1.1-12.1-6

Current through P.L. 171-2024
Section 6-1.1-12.1-6 - Multiple deductions barred
(a) A property owner may not receive a deduction under this chapter for repairs or improvements to real property if the property owner receives a deduction under either IC 6-1.1-12-18 (before its expiration) or IC 6-1.1-12-22 (before its expiration) for those same repairs or improvements. This subsection expires January 1, 2033.
(b) A property owner may not receive a deduction under this chapter if the property owner receives a deduction under IC 6-1.1-12-28.5 for the same property.

IC 6-1.1-12.1-6

Amended by P.L. 181-2016, SEC. 12, eff. 7/1/2016.
As added by Acts1977 , P.L. 69, SEC.1. Amended by P.L. 25-1995, SEC.23.