Multiple Choice
Which of the following properties is not eligible for the §179 expense election when purchased?
A) Rental property.
B) A business automobile.
C) A business computer.
D) Manufacturing equipment.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: "Listed property" includes only passenger automobiles.
Q29: Under MACRS,the straight-line method is required for
Q43: A business bad debt is treated as
Q46: Kiri acquires equipment 7-year property)on August 14,2016,for
Q47: Lateefah purchased a new office building on
Q48: Describe each of the depreciation conventions and
Q50: On May 26,2012,Jamal purchased machinery for $30,000
Q52: Which of the following is not a
Q55: On April 23,2016,Bailey purchased an automobile for
Q56: Beau earned $25,000 of net earnings from