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-   -   Shed (https://www.daycare.com/forum/showthread.php?t=89091)

MyAngels 03-27-2018 03:56 PM

Shed
 
We bought a storage shed last year that cost about $2400, which included laying a rock base for it. It's not attached to the land. Can the TS% be deducted in full for 2017 or is it something that will be depreciated?

Thanks!

TomCopeland 03-28-2018 08:52 AM

shed
 
Quote:

Originally Posted by MyAngels (Post 669827)
We bought a storage shed last year that cost about $2400, which included laying a rock base for it. It's not attached to the land. Can the TS% be deducted in full for 2017 or is it something that will be depreciated?

Thanks!

Since it cost less than $2,500 you can deduct the time-space% of the cost in one year - no depreciation.

MyAngels 03-28-2018 05:14 PM

Thank you!


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