Taxes

[KLC]

On your equipment is there a magic dollar figure that you use when you decide to write something offf or ammortize it? I was thinking that anything under $500 as a single purchase would be written off and anything over would be ammortized. How do you do it?

[Kimber Landscapes]

I use $500 as my make too. But you need to think about how long it will last.

[KLC]

I meant to say depreciate instead of ammortize if you all can forgive that. Thanks for your reply Kimber Landscapes.

[bullethead]

With the small business deprec deduction (Sec 105, I think), you can depreciate around $100k per yr w/ out amortization - so far tax purposes I wouldn't worry too much about it.

[yardboy]

179, is the #