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Updated about 7 years ago,

User Stats

120
Posts
18
Votes
Dave S.
  • Investor / Wholesaler
  • Erie, PA
18
Votes |
120
Posts

Accelerated Depreciation Spreadsheet / Checklist

Dave S.
  • Investor / Wholesaler
  • Erie, PA
Posted

Does anyone have a good checklist of items that can be included in the accelerated depreciation method? I.e. fans, furniture, etc, etc,. 

What are the depreciation rates for each?

What are the amounts for each that you can use (especially for items such as an oven or the like that came with the house when purchased?)

Are there lower limits for the depreciated items, i.e. there are scrap values to an oven, so $500 to start and can depreciate it down to only $100 and not $0 over the period of time).

As i understand this an engineer or CPA would need to fill this but I wanted to get a jump start on understand what can be done here. 

Thanks in advance

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