Boat depreciation - BoatBanter.com

calberto

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Boat depreciation

Hi, how do you depreciate a boat? I am about to start a snorkeling
tour company in the Keys. The boat I am looking at is about 150K, 1-2
years old. How is that depreciated? Obviously, I'd prefer as soon as
possible so I can write off as much as possible. I'd like to know the
rules. Is it 30% year?

Thanks,

Carlos

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