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A SECONDHAND DESK IS USED IN TAXPAYER RENTAL ACTIVITY. THE DESK COST 1500 AND PLACED IN SERVICE SEPT 3, 2017. DESKS ARE 5 YEAR PROPERTY
A SECONDHAND DESK IS USED IN TAXPAYER RENTAL ACTIVITY. THE DESK COST 1500 AND PLACED IN SERVICE SEPT 3, 2017. DESKS ARE 5 YEAR PROPERTY WHEN USED AS FURNITURE. WHAT IS THE TOTAL FIRST YEAR DEPRECIATION DEDUCTION RELATING TO THE DESK.
300
75
788
1500
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