TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Renting Bounce Castles

February 03, 2010

Today TaxMama hears from Shaunna in Washington State, who tells us. “I own a small rental business. Is the bounce castle I rent out considered an asset or inventory?â€



Dear Shaunna,

That’s a good question.

We had a discussion about a simil