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Old 02-06-2008, 10:36 AM
nilbos nilbos is offline
Junior Member
 
Join Date: Jan 2007
Posts: 9
How can a business depreciate used furniture and equipment?

I bought used furniture and equipment that is over $7,500 for my new business that I started in 2008.

I was wondering how I would have to go about depreciating these assets, by reading your threads I understand that I cannot take S179 Election, so what are the alternatives?

Thanks a lot...
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