https://ttlc.intuit.com/community/business-taxes/discussion/grease-trap-depreciation/01/2542044#M83809 <P>Do you treat grease trap $1,000 (material +installation) as 1250 property and depreciate over 39 years. It is for a restaurant business. Thanks for your time.&nbsp;</P><P>&nbsp;</P> Mon, 09 Mar 2026 09:15:38 GMT stellarun21 2026-03-09T09:15:38Z https://ttlc.intuit.com/community/business-taxes/discussion/grease-trap-depreciation/01/2542044#M83809 <P>Do you treat grease trap $1,000 (material +installation) as 1250 property and depreciate over 39 years. It is for a restaurant business. Thanks for your time.&nbsp;</P><P>&nbsp;</P> Mon, 09 Mar 2026 09:15:38 GMT https://ttlc.intuit.com/community/business-taxes/discussion/grease-trap-depreciation/01/2542044#M83809 stellarun21 2026-03-09T09:15:38Z https://ttlc.intuit.com/community/business-taxes/discussion/re-grease-trap-depreciation/01/2542461#M83817 <P>You can make the <U>de minimis safe harbor election</U> and completely expense all tangible property up to $2,500 per item.</P> <P>&nbsp;</P> <P>This would be the best tax treatment for your grease trap.</P> <P>&nbsp;</P> <P>Please read this&nbsp;<A href="https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations#:~:text=The%20de%20minimis%20safe%20harbor%20is%20simply%20an%20administrative%20convenience,capitalized%20under%20the%20general%20rules." target="_blank">IRS document</A>&nbsp;for more information.</P> Thu, 03 Mar 2022 13:21:00 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-grease-trap-depreciation/01/2542461#M83817 MinhT1 2022-03-03T13:21:00Z