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Business & farm
and used the asset type code Z where I would enter all of the depreciation information
FYI - Raw land is never a depreciable asset. However, depending on the use of this asset you "could" have what's called depletion. An example of this would be if you were renting the land out for the resources under it - such as oil or gas.
‎August 28, 2019
8:42 AM
1,662 Views