wleuter,
I saw your post and have a follow-up question. For my rental, about 10 years ago we bought a refrigerator for $700 and depreciated it with the Special Depreciation Allowance and 200DB/HY 5 yr convention. It is fully depreciated now. We have not replaced it yet, but can I retire it from the Balance Sheet now, as it is fully depreciated? Or do I have to wait until it is carted off to the landfill to retire it?
Thank you in advance for your response!
