- quote -

If she no longer has the computer, non-business usage has
dropped to zero as well. So business usage is 100%.

Seth

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christine.taveras[at]gmail.com wrote:

- quote -

You've got it figured out already I think. I would not
advise a client with uncertain prospects like yours to use
sec 179.

My second question is how about if I
- quote -

You already know that if business usage drops below the
already calculated percentage recapture is required. So
then, if you sell an asset, i.e. no longer have it, i.e.
business usage drops..... problems.

ChEAr$,
Harlan Lunsford, EA n LA

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

I recently found this group and have found it to be very
helpful on numerous topics. After doing some search, I
wasn't able to find the answer to what I was looking for.
I've tried to understand the IRS publications 544 and 946
but I give up. So, I decided to start my first post. I
have a home computer that is used for job related work at
about 60%. It was placed in service in July 2006. I would
like to claim section 179 but I'm concerned about the
recapture rule. I'm concerned about it because I probably
will change job in the next 5 years (life of the computer)
and I upgrade/sell my computer about every two years. As
far as I understand it, if the job related usage changes
(new job or drops below 60%), I would have to recapture the
deduction and report the difference using a different
depreciation method as gain. Is it worth using section 179
now and report the gain later or just using the regular
depreciation method? My second question is how about if I
sold the computer in a year at a loss (computer becomes
absolete the minute it's off the shelf and resell value is
almost less than half within a year)? Do I still report the
same gain by using a different depreciation method (and if
so, what is my basis, the cost or the sell price?) Or do I
have a loss of 60% of the loss that is job related? Would
someone please help and explain to me how that works?

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >