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Arthur Rubin 
Tax Payer
Posts: 37
(7/23/02 12:54 pm)


Depreciation schedule...
I was wondering if anyone can confirm that non-permanently-affixed personal property, such as blinds, for residential real estate, are 7 year GDS/12 year ADS property. I can't find anything to the contrary in pub 946, and that's the default for unspecified personal property.

bmcper 
CEO/Auditor
Posts: 173
(7/24/02 8:10 am)


Re: Depreciation schedule...
What is the cost attached to these blinds?

Arthur Rubin 
Tax Payer
Posts: 38
(7/24/02 4:50 pm)


Re: Depreciation schedule...
Dollar amount? $462. But you can't use section 179 for rental property.

bmcper 
CEO/Auditor
Posts: 174
(7/24/02 6:41 pm)


Re: Depreciation schedule...
This is an expense item not an assest to be depreciated.

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