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Re: CA LAW SPECIFIC
by Anonymous
on September 29, 2008 @12:25
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Terry, how do you depreciate hardwood floors? Carpet is easy. The IRS gives a guideline of 5-10 years. But I have hardwood floors in rentals that are in pristine condition after 100 years. Over how many years do you depreciate a hardwood floor? You can't replace 100 year old wood.
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