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.
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.