Modified Accelerated Cost Recovery System (MACRS)- greater depreciation expense upfront- No Salvage value Personal Property3yrs200% declining Balance M 5yrs200% declining Balance Mautomobiles, light trucks, computers, copiers7yrs200% declining Balance Mfurniture, fixtures, machinery, equipment10yrs200% declining Balance MBoat, transportation equipment15yrs150% declining Balance Mqualified improv..
