Dayhome toy write offs

[playfelt]

You can "sell" any item you personally own to your daycare even if you have owned it forever. Things such as highchairs or playpens or safety gates you have stored that your own children have outgrown are good examples. Think of it as going to a garage sale and buying what you need. So you sell the item to your daycare at a garage sale type price (generally 1/3-1/2 of retail paid). But for anything that was bought with the daycare in mind and not used by you at any previous time that is a new item and you can claim it against your daycare. Logic says you wouldn't have been hording that kind of thing up for many years so it is likely from the time you decided to open a daycare which technically becomes the start of the planning process.