If I need to amortize it, instead of depreciate it, does that make a difference in how I enter it?
It's not the vines that I'm depreciating (although I need to do that too), I was asking about the AVA valuation. This is the value of the vineyard acreage resulting from the fact that it is in an AVA region, as designated by the TTB. (https://www.ttb.gov/wine/american-viticultural-area-ava). It's an amortization of the purchase cost. This is able to be amortized. I think I used the wrong word in the prior question....I don't think it's depreciated...I think it's amortized instead, but I'm not certain, and I don't know if that makes a difference.
