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Depreciation of trees

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Fred J. Tydeman

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Dec 13, 2023, 12:24:07 PM12/13/23
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Instructions for IRS Form 4562 says trees that bear fruits or nuts are
10-year property for depreciation. Would trees used to grow truffles
(on the roots of the trees) be depreciable?

I have read that "trees purchased and held for the production of
revenue" can be depreciated. So, would trees used for "carbon
credits" be depreciable?

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Fred J. Tydeman Tydeman Consulting
tyd...@tybor.com Testing, numerics, programming
+1 (702) 608-6093 Vice-chair of INCITS/C (ANSI "C")
Sample C17+FPCE tests: http://www.tybor.com
Savers sleep well, investors eat well, spenders work forever.

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