ACRS
ACRS
ACRS is the abbreviation for accelerated cost recovery system, a depreciation method that was introduced and defined in the Economic Recovery Tax Act of 1981. ACRS allows for rapid depreciation (for tax purposes) of property placed into service between 1981 and 1986.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 5.02 |
| 15 yr fixed | 4.55 |
| 5/1 ARM | 3.99 |
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