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Please help me, are all of these correct? A property will be considered depreciable if it satisfies the condition(s) Be used in a business to

Please help me, are all of these correct?

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A property will be considered depreciable if it satisfies the condition(s) Be used in a business to produce income Have a determinable life of greater than one year Lose value through wearing out, becoming obsolete, etc. A piece of land bought for new warehouse

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