Vending Machine Business

[HBurkholder]

Could it go 7 year "any property that does not have a class life and has not been designated by law as being in any other class" ?

[veritas]

I could

but it would be wrong.

[Possi]

7 to 5

Could it go 7 year "any property that does not have a class life and has not been designated by law as being in any other class" ?

That is what I originally said, but now I see that it could and should go to 5 year. I will change that... for all 22 frikkin' pages! =)

I believe the bonus depreciation is still allowed. Please correct me if I am wrong.

Thanks for the insight and help.

~possi

[veritas]

Yes

special depreciation for new property.

Also Sec. 179.

[Possi]

gracias

Thanks! Now I will move forward with this return!