In Reply to: Re: taxes posted by Dave H on February 15, 2019 at 15:36:33:
I am not an accountant nor tax preparer, but I would use the price I paid for each item, whether new or used.
1. You will never get a straight answer from the IRS.
2. You have less than .1 percent chance of being flagged.
3. If you are flagged, your reasoning should hold up in a hearing. A used gate will hold livestock in just as well as a new one. The "VALUE" is the same.