Hi David-
Thanks SO much for clearing things up for me.
I was indeed confusing the de minimis safe harbor with the section 199 deductions safe harbor rule. Are they completely separate?
It seems to me that the de minimis safe harbor might be the best option for me with no drawbacks that I can foresee.
Generally speaking and for future reference, is it true that tangible items under $200 are able to be expensed as supplies, and over that amount is when I would need to consider either capitalizing or applying the de minimis safe harbor election?
I am treating this 4-plex as one multi-family property on my Section E, with 4 depreciable assets (each unit). Would it be better to use 4 separate section E's?
