Kelsey wrote:
I've found a lot of home-sellers (as opposed to businesses who deal regularly in used goods) are unable or unwilling to provide receipts - do you know of any 'receiptless' way of claiming? I usually hand all this stuff off to the accountant, so I've got no clue!.
Yes it can be done A letter of sale from the previous owner, noting that its second hand goods & the cost Depending on the price and if its used for a business the accountant will then claim it as a depreciating asset or claim it in full (depending on the cost) I do this when I purchase used equipment for my business Anything under $50 one does not need a receipt but its good to have one for proof of purchase KK
