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Re: insurance payments on fully depreciated property
Posted to Shop Management Forum on 9/26/2017 3 Replies

Ouch. That's gotta hurt.

Yeah, you're going to pay some taxes on that 30K since you depreciated them out to zero, just not sure what the rate will be.

So...if you were paid 30K then what do you think the replacement value would be? Insurance companies love... Login to read more.

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