Quote:
Originally Posted by neirbod  I think there may be confusion about what you are asking. Some are interpreting it as a question of return on investment. I interpreted your question as asking about depreciation of your equipment. If the latter is the case, depending on your gear you may take the depreciation as a loss, offsetting your income and reducing your tax burden. Depreciation times vary with equipment, but I have seen people use anywhere from 5-10 years for audio and video equipment, and 3-5 years for computer equipment. |
You can't depreciate gear if you don't know the ROI.