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wynne jones

  • Posts: 2918
Re: Truckmount Equipment Depreciation
« Reply #20 on: October 13, 2010, 08:57:11 pm »
I think my house depreciated by 2/3k last month! And it didn't earn me any money either. ;)
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It's not expensive, you just can't afford it.

richy27

Re: Truckmount Equipment Depreciation
« Reply #21 on: October 13, 2010, 09:13:48 pm »
looking at sec hand equipment  would say that most top brand equip from well knwn supliers whether it be portable or tm depreciate at more or less the same % level depenant on age and hours say 3 k porty is worth 1500 after 2 years same as 15k tm worth 7.5 after same period all tax relevant though
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elliott cleaning

  • Posts: 778
Re: Truckmount Equipment Depreciation
« Reply #22 on: October 13, 2010, 09:50:55 pm »
Quote from: wynne jones on October 13, 2010, 08:57:11 pm
I think my house depreciated by 2/3k last month! And it didn't earn me any money either. ;)

Maybe so -   but depending on when you bought it - how much potential money has it made you  - either in appreciation or saved rental expenditure
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wynne jones

  • Posts: 2918
Re: Truckmount Equipment Depreciation
« Reply #23 on: October 14, 2010, 10:56:25 pm »
Well if I sell it quite a bit, but then I would be homeless. :'(

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It's not expensive, you just can't afford it.
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