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October 16, 2023
Question

macrs vrs Non recovery depreciation on an inventory of collectibles or restoration vehicles

  • October 16, 2023
  • 1 reply
  • 0 views

I have an inventory of collectibles including a vehicle for restoration what is the right depreciation

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1 reply

Employee
October 16, 2023

Are the assets actually inventory? If so, inventory is not depreciable.