Is the property depreciable:
An automobile used only for personal driving. - ANSWER No
Is the property depreciable:
An automobile used exclusively in a business. - ANSWER Yes
Is the property depreciable:
A vacant piece of land held for investment. - ANSWER No
Is the property depreciable:
An unimproved piece of land used as a commercial parking lot. - ANSWER
No
Is the property depreciable:
A small tool used in business. The tool will wear out in aout three months. -
ANSWER No
Is the property depreciable:
A personal residence owned by the taxpayer. No part of the home is used for
business. - ANSWER No
Is the property depreciable:
A residence rented to others. - ANSWER Yes
An automobile used only for personal driving. - ANSWER No
Is the property depreciable:
An automobile used exclusively in a business. - ANSWER Yes
Is the property depreciable:
A vacant piece of land held for investment. - ANSWER No
Is the property depreciable:
An unimproved piece of land used as a commercial parking lot. - ANSWER
No
Is the property depreciable:
A small tool used in business. The tool will wear out in aout three months. -
ANSWER No
Is the property depreciable:
A personal residence owned by the taxpayer. No part of the home is used for
business. - ANSWER No
Is the property depreciable:
A residence rented to others. - ANSWER Yes
