Kyra purchased video recording equipment that she uses in her in-home business (asset class 57.0)....
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Accounting
Kyra purchased video recording equipment that she uses in her in-home business (asset class 57.0). The equipment was placed in service on February 20, 2017. The equipment is used 40% for business. What restrictions does Kyra have?
ADS method must be used.
Bonus depreciation is limited.
GDS method must be used.
179 expenses deduction is limited.
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