• Depreciation of trees

    From Fred J. Tydeman@21:1/5 to All on Wed Dec 13 12:21:23 2023
    Instructions for IRS Form 4562 says trees that bear fruits or nuts are
    10-year property for depreciation. Would trees used to grow truffles
    (on the roots of the trees) be depreciable?

    I have read that "trees purchased and held for the production of
    revenue" can be depreciated. So, would trees used for "carbon
    credits" be depreciable?

    ---
    Fred J. Tydeman Tydeman Consulting
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