LumberJocks

Reply by Madmark2

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Posted on I am selling my entire home shop

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Madmark2

1360 posts in 1357 days


#1 posted 04-10-2020 01:30 PM

Rule of thumb for used is 1/2, not 2/3. 60% of list is high in any area.

IRS straight line depreciates capital equipment over 20 years. Technically the resale on tools older than 20 years is nil.

Sell it for what you can get, but 60% of list isn’t going to get you lots of bites.

-- The hump with the stump and the pump!


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