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Business & farm
If the assets are past their depreciated life does it matter how they are disposed of to get them off the schedule and do a final Schedule C? I think most of my equipment will be in storage for the foreseeable future unless I do get some jobs again. I don't have plans to sell it, and, since I'm not a corp I know I don't have to buy them from myself. Would I need to use "personal use" even if I'm not using them at all?
May 31, 2019
5:32 PM