Are you familiar with the PA, VA, MD, NJ, NY, DE area? 

@Lindsay Op de Coul thank you for the information.

So, if you pay taxes in DE, you will get credit for that amount in your State.

By the way, you have at least 3 different ways to write off this new refrigerator (de minimis, Section 179 and bonus depreciation) which have some differences despite all allowing a 100% number.

I have a Delaware corporation doing business in California.

Personal property like stocks and heavy equipment, planes etc no longer qualify.The exception to this would be Delaware Statutory Trusts which have been specifically blessed by the IRS as 1031 replacements. 

Clean it up, de-populate it for a total reset.

Full disclosure, I'm a structural engineer by trade, but I am not a licensed contractor or inspector, so always consult a professional before making any financial de

@Anthony C De Los SantosWelcome to Bigger Pockets!

@Tim De Visser Happy to Connect!