Correct it was not expensed since everything I read says a new furnace is considered an improvement which should be depreciated. If I do not check off that the asset was sold, it allows me to take the entire amount as a special depreciation. I'll go into the form and compare what is different between this one and the other assets. I just wasnt sure if there was a rule about not being allowed to depreciate an asset if it was used for less than a year or something along those lines. Thanks!
