property used in land rental

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  • taxdude71
    Senior Member
    • Jan 2007
    • 132

    #1

    property used in land rental

    Client has land that he rents out to a farmer. Client wants to buy tractor to use in conjunction with land. Is there a general rule of thumb for this kind of depreciation? Even though it is not 100% farm use, it will be 100% buiness use.
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