What is Listed Property in Idaho?

Listed property is a category of property, that tax law gives unfavorable treatment by limiting tax benefits and imposing tough requirements on your Idaho business.

50% Rule

For example, if you don’t use listed property more than 50 percent for business, you must use the low-and-slow Alternative Depreciation System.

Types of listed property include:

  • Passenger automobiles and other property used as a means of Idaho transportation
  • Property generally used for entertainment, recreation, or amusement
  • Any computer or peripheral equipment, unless located in a regular business office or a home office that qualifies for the Home Office Deduction.