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The appliance is 100% in a rental property. You are not moving a stove back and forth for personal use. Put the dates into the program, let the program calculate the depreciation on the full 100% amount for the time period.
The appliance is 100% in a rental property. You are not moving a stove back and forth for personal use. Put the dates into the program, let the program calculate the depreciation on the full 100% amount for the time period.
Further, if you purchased the stove in 2019 you may be able to expense the entire $1,000 (i.e., deduct the full amount) using the de minimis safe harbor election.
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