First of all, you cannot consider this as a safe harbor election for depreciating assets unless the cost was $2500 or less. You can depreciate a portion of it for home office depreciation. According to this Turbo Tax link, you would have to depreciate it over 27.5 years and then you could depreciate 10%v of that. In this case, ($8000 / 27.5)(.10)= $29 per year you can deduct as a home office expense.
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