Posted 2/9/2016 12:49 (#5098989 - in reply to #5098959) Subject: RE: The dam is only deductible if you can show it is a part of the production process on the farm...
You use a depreciated value. Some percentage of new depending on what you kow about it. Age, size, type, etc. Not new price. If recently installed recent 2 to 4 years you might go 75%. Older tile 30 to 50% of new. It's a judgement up to you.
Depreciating existing tile on new farm
