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Re: Duke of Prunes post# 25895

Wednesday, 01/15/2003 11:33:52 AM

Wednesday, January 15, 2003 11:33:52 AM

Post# of 93821
Ask your tax preparer, but my guess is that he/she will tell you that if the primary use of the device is for your business, then it is a business asset and can be depreciated like other business equipment.

For relatively low-cost equipment (like office staplers for example) you can generally expense the purchase, rather than depreciate it over some assumed life. The Odyssey 1000 may fall into that low-cost equipment category.



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