This would be an improvement and depreciated over 27.5 for the rental.
According to the IRS:
- Are generally restorations to your building property because they're replacements of major components or substantial structural parts of the building structure. As a result, these replacements are capital improvements to the residential rental property.
- Are a separate asset with a new placed-in-service date and are in the same class of property as the residential rental property to which they're attached.
- Are generally depreciated over a recovery period of 27.5 years using the straight line method of depreciation and a mid-month convention as residential rental property.
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