|
|
Re: Adding Central Air
by Garry (Iowa)
on April 23, 2015 @12:47
|
I think you mean depreciatable (sp). CA is just like a furnace. I believe you have to depreciate it over 271/2 years, but it could be only 15-20 years, so don't quote me on the 271/2.
|
[
Reply
]
[
Return to forum
]
|
Re: Adding Central Air
by Anonymous
on April 23, 2015 @14:32
|
[ Reply ]
|
|
It can even be 179ed in one year. The depreciation schedule can vary greatly depending upon your tax needs; something you need to consult with CPA on if you don't know how to it yourself. Not many people will need the full amount deducted in one year and 15+ years may be too long. Personally I used a 5 year schedule.
|
|
|
Look-up
Associations
Attorneys
Businesses
Rentals Available
Rentals Wanted
Realty Brokers
Landlord Articles
Tips & Advice
Tenant Histories
Other Areas
Q&A Forum
Free Forms
Essential Forms
Landlord Tenant Law
Join Now
Credit Reports
About Us
Site Help
|