Chainsaw Depreciation/Equipment

[lumberinspector]

Have any of you guys ever figured out what the depreciation rate of a chainsaw is?

If so how are you doing it?

What got me thinking about this is a formula I ran across to figure out how much cost is associated with producing a cord of wood. In that formula, they use an "amount" for depreciation.

I found a site that had a calculator that had all kinds of ways to do it but which one was correct, I don't know.

http://www.fixedassetinfo.com/calculator.asp

If any of you visit the site, you will see the method consists of straight line,declining balance and MACRS formula. Percentages range from 125 - 200 and than the "Averaging Convention" which I tried to dig up exactly what they were talking about but didn't see to find anything. This ranges from Mid-Month,Half Year and Full Month. Than you get into Depreciable Life in years.

All seems to be a bunch of mumble jumble to me...

Any and all input is greatly appreciated.

 

[Lakeside53]

Most I know just take the 179B (small businesses) deduction and write if off in the first year.

 

[Patrick62]

I kinda agree...

... write it off in the first year.

The interesting thing about this is how much wood is a pro saw capable of cutting in it's expected lifetime? How well is it maintained? How many chains, bars, sprockets, filters, etc is it going to use?

How to include "acts of God" ??:blob6: backing the truck over the saw etc.

-Pat