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What kind of Safe Do you Recommend? Login/Join 
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Picture of Sourkraut
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Check with your tax advisor, but if you store financial documents in your safe, i.e. tax returns, you can deduct the cost of the safe if you itemize deductions. It’s done over a number of years, and it’s a benefit most folks are not aware of.


"Everybody wants to go to heaven, but nobody wants to die." Joe Louis
 
Posts: 516 | Location: Idaho | Registered: January 17, 2012Reply With QuoteReport This Post
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I went with American Security. They had better security/fire options than Liberty. Liberty had more features.


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Posts: 14254 | Location: New Mexico | Registered: October 14, 2005Reply With QuoteReport This Post
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Originally posted by Sourkraut:
Check with your tax advisor, but if you store financial documents in your safe, i.e. tax returns, you can deduct the cost of the safe if you itemize deductions. It’s done over a number of years, and it’s a benefit most folks are not aware of.


I've heard only the percentage of the safe used for document storage is deductible, so a whole gun safe may not fly.

A business buying a safe would be different. That would be a business expense and depreciated over time.
 
Posts: 481 | Location: WV | Registered: May 30, 2013Reply With QuoteReport This Post
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Originally posted by Tommydogg:
Amsec BF series for the win!


Agree 100%


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Posts: 143 | Location: Cumming, GA | Registered: September 03, 2010Reply With QuoteReport This Post
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Consider the value of the items going in the safe, also figure the amount of time a criminal would have to defeat the safe and or the fire protection that you are likely to need. The longer a crook will have to work on the safe and the higher the value of the contents, then the better safe you should consider. Not much chance of someone carrying it out of your condo without being detected.
 
Posts: 1356 | Location: Spokane, WA | Registered: June 23, 2008Reply With QuoteReport This Post
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