In a message dated 11/21/01 11:21:47 PM Eastern Standard Time, [EMAIL PROTECTED] writes:
> Seriously, the whole point, originally, was that depreciation doesn't > matter. Costs and depreciation only matter when you have to replace an object. If what you're saying is that ~until~ you replace the object you have no costs, you're correct. But we all know if you buy one of an object, (in this instance, a camera-printer-computer), and use it, you ~will~ replace it. For business purposes then, we are allowed, (not really "allowed": by law, we business owners ~MUST~ depreciate our property) to depreciate any property used in the business, including wear and tear on your building-etc. If you do a thing, business or hobby, and use equipment to do this thing, the equipment must be replaced: costs, plain and simple. Mafud [EMAIL PROTECTED] [EMAIL PROTECTED] - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .