MissAnn 10:25 AM 12-27-2012
Tom (or anyone who knows)
What category would I put landscape timbers and pea gravel that was used to make a big section with pea gravel in the playground. It's not anything ornamental .....just fun for the kids. I assume 100% deductable (hope!)
TomCopeland 11:28 AM 12-27-2012
Originally Posted by MissAnn:
Tom (or anyone who knows)
What category would I put landscape timbers and pea gravel that was used to make a big section with pea gravel in the playground. It's not anything ornamental .....just fun for the kids. I assume 100% deductable (hope!)
I'd deduct this as a repair/maintenance. If you use it 100% for your business, claim 100% of the cost. If your own children use it, deduct your time-space % of the cost. If it costs more than $100 use the Section 179 rule to deduct it in one year.