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April 11, 2023
Question

Can used appliances included in a rental purchase be depreciated?

  • April 11, 2023
  • 1 reply
  • 0 views
They are very nice but unsure of age or value.

1 reply

April 11, 2023

their age to for depreciation purposes is irrelevant.   to depreciate them you must determine their value.  depreciation starts anew with your acquisition