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If the tires were permanently affixed to the trailer, the cost of the tires can be added to the cost of the trailer and that total will become the basis of the asset (trailer) for depreciation purposes. If the tires were removed from the trailer after it was put in place you can simply deduct the tires as a business expense.
If the tires were permanently affixed to the trailer, the cost of the tires can be added to the cost of the trailer and that total will become the basis of the asset (trailer) for depreciation purposes. If the tires were removed from the trailer after it was put in place you can simply deduct the tires as a business expense.
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