1 Exterior paint averages $25-$40 a gallon, and a 3,000-square-foot home takes 15 or more gallons of paint, or $375-$600 just for the paint.
Construction-In-Process (CIP) Assets. A construction-in-process (CIP) asset is an asset you construct over a period of time. Create and maintain your CIP assets as you spend money for raw materials and labor to construct them. Since a CIP asset is not yet in use, it does not depreciate and is only in the corporate book.
Section 179 depreciation is allowed for software expenditures which would allow for an immediate deduction of up to $500,000 on up to $2,000,000 of capital expenditures in 2013. If a company is not eligible to take Section 179 in the current year, then these costs would be eligible for a 50% bonus depreciation.ypically, costs incurred for the development, creation, design, and programming of a website will be treated as a capital asset, which means that they cannot be expensed or deducted immediately. Rather, they must be deducted over a period of time.