Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Schedule C, Writing a depreciation asset for a boating fishing business. Is writing off the boat consider apart of the economic stimulus qualified property?

sheppardstax
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
Terry53029
Level 14
Level 14

yes, class life 7 years

sheppardstax
Level 1

Can you write off the full amount of the boat in one year under the economic stimulus qualified property.

0 Cheers
sjrcpa
Level 15

Consider business use percent and listed property rules.


Ex-AllStar