[amayausers.com] Re: Tax Valuation of Old Amaya Machine?

  • From: "Roland R. Irish III" <signman@xxxxxxxxxxxxxxxxxxx>
  • To: amayausers@xxxxxxxxxxxxx
  • Date: Sat, 16 Aug 2008 09:51:13 -0400

OUch...I feel your pain...hate to make you cry, but here in the glorious state of New Hampshire....ain't no such thing as a Property Tax on anything but 

land and buildings...called a Real Estate Tax!
But if the amaya has been listed on the business yearly 'tax papers' any
accountant would have been amortizing it each year...as an 'asset' of value. After about 4-5 years it should have had a tax value of zero...I can't remember 
exactly but I think most 'movable' equipment drops about 15-20% per year
on my tax papers.

Good luck!

Roland
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