Discussion:Sec 179 expense

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Discussion Forum Index --> Tax Questions --> Sec 179 expense

Link1time (talk|edits) said:

1 February 2006
Can I expense a road built for farm purpose? It was a gravel road put in from taxpayer's barn to field. Considering it land improvements --15 yr property

Maverick (talk|edits) said:

1 February 2006
You can't expense via section 179 because it isn't tangible personal property. You must depreciate the expenditure over probably 20 years.

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