IRonMaN
Level 15
11-12-2024
09:58 AM
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How long is the client going to keep it? By depreciating things by components, you have something to remove from your depreciation schedule when they put in a new well or new septic system somewhere down the road. But the flip side is, when it is ultimately sold, showing it all as one cost makes it easier to report the sale. There is no right or wrong answer, it boils down to your personal preference.
Slava Ukraini!