Shed

[MyAngels]

We bought a storage shed last year that cost about $2400, which included laying a rock base for it. It's not attached to the land. Can the TS% be deducted in full for 2017 or is it something that will be depreciated?

Thanks!

[TomCopeland]

shed

We bought a storage shed last year that cost about $2400, which included laying a rock base for it. It's not attached to the land. Can the TS% be deducted in full for 2017 or is it something that will be depreciated?

Thanks!

Since it cost less than $2,500 you can deduct the time-space% of the cost in one year - no depreciation.

[MyAngels]

Thank you!