Depreciation on Wobbley Boxes - Number crunch - Posted by David G (OR)

Posted by David G (OR) on January 09, 2003 at 24:44:55:

I own a rental - a 1974 mobile home with land. It’s county tax assesed for 2002 as follows:

land - 27T
bldgs - 13T
pers prop - 10T

I bought it for 40T - say in Jan 2002. Now worth 80T.

How can I depreciate the MH (time and amount)?

David G.