Discussion:Car rental depreciation

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Discussion Forum Index --> Tax Questions --> Car rental depreciation

DR BRISKET (talk|edits) said:

3 February 2007
One of my clients is a used car dealer. He is considering bringing in a special fleet of cars that would be strictly for rental purposes. My question is how to depreciate these vehicles--income forecast method? For how long? If someone could direct me to the IRC section that addresses this subject, it would be greatly appreciated. Thanks.