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Subject Topic: 3,5,7,10 year properties (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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thechamp26
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Joined: 11 Aug 2010
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Posts: 52
Posted: 15 Jul 2011 at 20:06 | IP Logged  

So you are going to better prepare by spending time
learning 200,000 asset lives instead of spending that time
focusing on other things/reviewing?

http://www.irs.gov/pub/irs-pdf/p946.pdf

Have fun. Don't forget to memorize all of the assets listed
in the subheadings!
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LANI2009
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Joined: 09 Apr 2010
Location: United States
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Posts: 117
Posted: 15 Jul 2011 at 20:42 | IP Logged  

no, only 30-50 assets, I should be able to make, and help me pass the test!
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LANI2009
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Joined: 09 Apr 2010
Location: United States
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Posted: 15 Jul 2011 at 20:56 | IP Logged  

make sure you only memorize those 4, no more!
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thechamp26
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Joined: 11 Aug 2010
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Posts: 52
Posted: 15 Jul 2011 at 22:02 | IP Logged  

Only 50 assets? All of those listed are just categories....
There are tons of assets listed in each category. There are
easily hundreds and hundreds of assets listed on the IRS
publication....
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1tryCPA
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Joined: 27 Jun 2010
Online Status: Offline
Posts: 337
Posted: 16 Jul 2011 at 06:54 | IP Logged  

Better spend your time memorizing rules not numbers. I don't remember any question on my exam where I would need specific numbers, but all about how

__________________
FAR - 07/09/10 - {95}
AUD - 10/02/10 - {96}
BEC - 11/29/10 - {92}
REG - 05/23/11 - {75 would be enough}90 unbelievable, and I AM DONE!!!
______________
Wiley book/Gleim CD/Gleim simulations
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