m-storz
New Member

We purchased a lawnmower to mow our storage units? It was 2499.99 before tax and over $2500 after tax. Should I claim as expense or asset?

Is it better for me to claim it as asset or expense? If an expense, which line do I put it on. I know if I do it as expense, I get a larger return this year. Will it let me claim as expense as it is over $2500 after tax?