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Old 02-01-2007, 12:20 AM
Harlan Lunsford
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Default Re: Depreciating a toolshed?

Rich Carreiro wrote:

- quote -

> 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.


I'll use seven years on that one any day of the week that
ends with a "y".

ChEAr$,
Harlan Lunsford, EA n LA

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Old 01-31-2007, 01:52 AM
Rich Carreiro
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Posts: n/a
Default Depreciating a toolshed?

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. > << ================================================== ===== >
 

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