Business & farm

Understood - and phew, I'm glad I asked, because based on that other answer I was going to depreciate one or two larger items but expense all the rest!  Perhaps it might be good to correct that other answer, so that other people aren't misled 😉

And as just a final confirmation, since as you stated the lower limit is $200, it basically means that if I do make the election, everything between $200 and $2500 must be listed as an expense (cannot be depreciated).

Thanks again!