| | |||
| |||
| Rich Carreiro wrote: - quote - > What's the class life and depreciation convention for a
I'll use seven years on that one any day of the week that> free-standing toolshed? This is an 8'x10' shed, not attached > to the house (the house is rented out), and (if it matters) > is on posts, not on any foundation or slab. ends with a "y". 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. > << ================================================== ===== > |
|
#-1
| |||
| |||
| What's the class life and depreciation convention for a free-standing toolshed? This is an 8'x10' shed, not attached to the house (the house is rented out), and (if it matters) is on posts, not on any foundation or slab. -- Rich Carreiro rlcarr[at]animato.arlington.ma.us << ================================================== ===== > << 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. > << ================================================== ===== > |
| Tags |
| depreciating, toolshed |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Small Business: Categorizing depreciating expenses Cal in WA: Hello small business edition users, Record keeping issue: How do you all categorize expenses that are *depreciable*? Do you create your own... | Microsoft Money | 3 | 04-25-2006 12:54 AM | |
| Depreciating Personal Assets James Ford: Does anyone know how to correclty account for depreciation of personal assets such as automobiles without having them show up as an expense. The... | Microsoft Money | 1 | 09-10-2004 12:43 AM | |
| Need advise on depreciating M. B.: I am a professional self-employed musician (and have been filing as Schedule C for the past 13 years). In January 2003, I purchased a new piano... | Taxes | 2 | 02-19-2004 03:13 PM | |
| Thread Tools | |
| Display Modes | |
| |