You can claim your child as a dependent, regardless of age, as long as you meet all of the requirements. For example, you child can’t have gross income in 2017 of more than $4,050 and you must furnish more than half of his/her support. Note: For 2018 through 2025, there is no dependency exemption.
Depreciable property used in a trade or business and held for more than a year. All Section 1231 gains and losses are netted; a net gain is treated as capital gain, a net loss as an ordinary loss.