depreciation

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  • Questionguy101
    Senior Member
    • Jan 2007
    • 423
    #1

    depreciation

    A owner used his own commercial space for a store. Does he depreciate it over 39.5 years?
    Tags: None
    • ChEAr$
      Senior Member
      • Dec 2005
      • 3872
      #2
      Originally posted by Questionguy101
      A owner used his own commercial space for a store. Does he depreciate it over 39.5 years?
      Where did you get the .5 from? No, it's 39 years.
      ChEAr$,
      Harlan Lunsford, EA n LA

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        • RitaB
          Senior Member
          • Jul 2008
          • 1382
          #3
          Whew

          Originally posted by ChEAr$
          Where did you get the .5 from? No, it's 39 years.
          Thank God I didn't say "yes". I thought I knew two.
          If you loan someone $20 and never see them again, it was probably worth it.

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