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Daycare and Taxes>Depreciation, Which Category and How Many Years?
Abigail 09:29 PM 10-05-2014
Is my baby Swing
Smart TV
Crib
Upright Freezer
Beluga Rocker/Recliner
Master Bedroom Set and
Carpet..............all shared personal property for depreciating over 7 Years?

Repairing Fence Gate.........Exclusive Land Improvement for depreciating over 15 years?
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TomCopeland 08:17 AM 10-06-2014
Originally Posted by Abigail:
Is my baby Swing
Smart TV
Crib
Upright Freezer
Beluga Rocker/Recliner
Master Bedroom Set and
Carpet..............all shared personal property for depreciating over 7 Years?

Repairing Fence Gate.........Exclusive Land Improvement for depreciating over 15 years?
Any item costing $200 or less can be deducted in one year.
Depreciate everything except the fence gate over 7 years.
A repair to your fence gate can be deducted in one year. Repairs are not depreciated
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Tags:depreciation, depreciation - home, land improvement, personal property
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