Hi Experts,
I started a consulting business in 2023 (actually started the registration process in Dec '22 but my business license reads Feb 2023) and set up a home office for it.
With bonus depreciation I know that can depreciate qualifying assets. However, some of my office equipment was bought in 2022 while I was planning for the business. Is there a limit to when a qualifying asset must have been procured, or am I only allowed to depreciate assets bought after business regirtration?
Thank you.
bby
