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Depreciation amount allowed on transportable room, page-5

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rebel1

28,677 Posts.

852

03/03/24

22:43

Post #: 72722275
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Originally posted by LoadedDog: ↑

If you have had a good year and the outlay is taxable income in the current year, then the max discount this year is the way to go, but if it is saved/non-taxable capital it may be better to depreciate conventionally, taking a little off the top each year. You aren't going to get rich on the interest on your tax refund if left in the bank.

Justy sounds about right.

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I will be in top tax bracket, so writing it off may be better in 1 hit .
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