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Nolan Brooks
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Hard work is good work
Hard work is good work

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Nolan Brooks commented on a post on Blogger.
I have a question: You said the IRS regulation said "any repairs done to a fixed asset that exceeds 50% of its current worth, is considered a new capital expenditure" but in your example the value of the peice of machinery is $15,000. $6,000 is 40% of the equipment's value. Since you didn't say otherwise I'm assuming that $15,000 is the machinery's current value, does that mean there is also a minimum amount where any repair that exceeds that cost could also be considered a capital expenditure?
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Amazing landscaping in a GREAT location! Commercial or residential property in WARRENSBURG, MO. #NolanBrooksREMAX

11 acres with home and barn, listed price: $575,000

More information and pictures here: nolanbrooks.com/HRT1996175

NICE INVESTMENT OPPORTUNITY! This strategically located property is within a half mile of Wal-Mart, Lowe's, Applebee's, and Aldi's. It already has two homes on it, one of which is already rented. It also has a barn, two trailer hookups and 11 acres of cleared open ground to build on. It would be ideal for subdividing into lots, building commercial, or building your own county home within a stone's through of Warrensburg. All interested parties must be pre-approved.
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Charming 3 bedrooms 2 bathrooms home in Warrensburg Mo.

This is a beautiful property with a storm shelter and orchard! It is on a one acre lot with incredible landscaping. There is a brand new concrete drive way and septic tank. The property has been wonderfully maintained. The home is within 10 minutes walk to the movie theater and shopping, and a 2 minute drive to restaurants and Walmart. There is also a bus stop right next to the property. The home is in the county but butts up against city limits. The house is currently rented for $825 per month until August. This property would be great to live in or to rent.

More information and pictures here:
nolanbrooks.com/DWR74476

Schedule a showing today with Nolan Brooks! 816-805-3306
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New Listing in Windsor, MO
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New listings in Windsor, MO
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This is my new GOOGLE PLUS site! I am learning more and more everyday from this! :)
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