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0 pointsjjeaff6y ago0 comments

If you deduct the expense, and then sell it later, your going to have to claim the sale as income. And pay tax on it.

0 comments

Depending on the depreciation schedule, esp for tech, it could well be viewed as close to worthless by the tax office after some years.

jjeaffOP6y ago

You don't get to expense the purchase AND depreciate the asset.

j / k navigate · click thread line to collapse

0 pointsjjeaff6y ago0 comments

If you deduct the expense, and then sell it later, your going to have to claim the sale as income. And pay tax on it.

Depending on the depreciation schedule, esp for tech, it could well be viewed as close to worthless by the tax office after some years.

jjeaffOP6y ago

You don't get to expense the purchase AND depreciate the asset.

j / k navigate · click thread line to collapse