At least ninety percent of commercial property owners are paying too much federal income tax because they fail to take the tax deductions that are available on real estate, according to a study by O'Conner & Associates of Houston, TX. In analyses of property depreciation during the past four years, consultants found that at least nine out of ten owners of commercial real estate were improperly reporting depreciation on federal income tax returns. As a result they paid too much in tax dollars. Time to talk to your CPA.