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    Business
  3. Study Set
    Concepts in Federal Taxation
  4. Exam
    Exam 10: Cost Recovery on Property: Depreciation, Depletion, and Amortization
  5. Question
    To Be Considered Predominately Used in a Trade or Business
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To Be Considered Predominately Used in a Trade or Business

Question 108

Question 108

True/False

To be considered predominately used in a trade or business under the listed property rules, more than 75% of an asset's total use for each taxable year must be related to the taxpayer's trade or business.

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