Re: Section 179 expense option

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Posted by Dave T on May 18, 2008 at 12:41:15:

In Reply to: Section 179 expense option posted by Penny on May 10, 2008 at 18:09:56:

Section 179 expense is not allowed for rental property. For rental property, capital assets are only expensed if cost is $100 or less. Otherwise, they are capitalized and depreciated.

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