business assets

Bought a business with 3 yr old assets. How do i figure depreciation on those assets for this year?

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business assets

Their prior depreciation schedules mean nothing to you ... you will enter them as new assets to you and start the depreciation again using the purchase price for the basis.

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business assets

Their prior depreciation schedules mean nothing to you ... you will enter them as new assets to you and start the depreciation again using the purchase price for the basis.

business assets

Thank you very much

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