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Gold Prospecting
Prospecting Equipment
Purchasing of prospecting equipment tax deductible?
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<blockquote data-quote="Newbie" data-source="post: 5117" data-attributes="member: 62"><p>I had an interesting thought. Since things like trommels and gpx5000 unit can cost well in to the $1000's is it possible to have them written of as a tax deduction. Most likely a deprecating asset but Id liked to know if anyone has had advice on this. Spent quite a bit this year on this kind of stuff and wondering if it is tax deductible.</p></blockquote><p></p>
[QUOTE="Newbie, post: 5117, member: 62"] I had an interesting thought. Since things like trommels and gpx5000 unit can cost well in to the $1000's is it possible to have them written of as a tax deduction. Most likely a deprecating asset but Id liked to know if anyone has had advice on this. Spent quite a bit this year on this kind of stuff and wondering if it is tax deductible. [/QUOTE]
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Gold Prospecting
Prospecting Equipment
Purchasing of prospecting equipment tax deductible?
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