Depreciate portable sawmill?? How long?

[Sherill]

Have a farmer/woodsman who paid $10,000 cash for a portable sawmill for his business. Is this considered equipment,therefore depr out for 7 years or a 'single purpose structure' depr out for 10 yrs?
Thanx again as you are truly professionals at the top!!!

[HBurkholder]

Equipment - 7 years

[cpadan]

Look at asset classes 24.2 and 24.3. Class 24.2 includes machinery and equipment installed in permanent or well established sawmills.

24.3 refers to same type of assets but "characterized by temporary foundation and....."

class 24.2 is 7 year property and 24.3 is 5 year.
Dan