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Deductions & credits
The issue is that there is not an asset classification this can possibly fall under. After reviewing multiple internet sources and reading this IRS source, i would depreciate this using a 7-yr GDS classification.
IRS states that any property that does not have a class life and has not been designated by law as being in any other class should be considered a 7-yr GDS property class.
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‎April 13, 2023
12:12 PM