Discussion:Scorp depr for home business building
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
| Revision as of 21:26, 5 November 2009 Growl019 (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 22:57, 5 November 2009 Death&Taxes (Talk | contribs) (Yes, assuming th) Next diff → |
||
| Line 4: | Line 4: | ||
| {{ForumNewPost|UserID=Growl019|Date=5 November 2009|Text=My new S corp client built a separate structure on his home property for his electrical business, (garage for employee vehicles, storage, offices, etc.) Can I depreciate this structure on the 1120S since it's a separate structure, even though it's built on his home property? | {{ForumNewPost|UserID=Growl019|Date=5 November 2009|Text=My new S corp client built a separate structure on his home property for his electrical business, (garage for employee vehicles, storage, offices, etc.) Can I depreciate this structure on the 1120S since it's a separate structure, even though it's built on his home property? | ||
| }} | }} | ||
| + | |||
| + | {{ForumReplyPost|UserID=Death&Taxes|Date=5 November 2009|Text=Yes, assuming the Corporation paid for it. }} | ||
Revision as of 22:57, 5 November 2009
Discussion Forum Index --> Basic Tax Questions --> Scorp depr for home business building
Discussion Forum Index --> Tax Questions --> Scorp depr for home business building
| 5 November 2009 | |
| My new S corp client built a separate structure on his home property for his electrical business, (garage for employee vehicles, storage, offices, etc.) Can I depreciate this structure on the 1120S since it's a separate structure, even though it's built on his home property? | |
Death&Taxes (talk|edits) said: | 5 November 2009 |
| Yes, assuming the Corporation paid for it. | |
