meidt193
Level 3
02-19-2020
07:53 PM
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My client has a bow fishing charter LLC and purchased a new 22" boat for business only, no pleasure. I am confused as to being able to depreciate the boat using MACRS 5 HY 200%DB method. The client is at a loss for the year for his business so I presume that the boat would not qualify for section 179.
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