2018 is my first full year with a farm. It has a loss. I'm assuming for durable items (assets) >$2,500 I'll depreciate them and for durable items <$100 (e.g. tools) I'll expense them. It is for things in between that it seems I need to make a decision. Should I expense or depreciate? Any guidance on how to make that decision would be appreciate. I expect overall I'll have a NOL in 2018
