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apepearl
12-23-2012, 03:49 PM
Hi,
This is my first post. Needed to replace my sewer and water line for my house. My question is what can a deduct for the $3000? Is it just the T/S% or using depreciation or both? Please Help

Michael
12-23-2012, 04:35 PM
Welcome to the Daycare.com Forum! I upgraded your status. You can post freely now.

nanglgrl
12-23-2012, 06:26 PM
Tom Copeland can answer this one. Whenever someone says his name he happens to appear so lets see if it works. :lol:

TomCopeland
12-24-2012, 12:05 PM
Hi,
This is my first post. Needed to replace my sewer and water line for my house. My question is what can a deduct for the $3000? Is it just the T/S% or using depreciation or both? Please Help

Multiply the cost by your time-space % and deduct this in one year as a repair.