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Carl, help me with this re: depreciable life of kitchen cabinets. You tell us "IRS pubs do state they can be classified differently under MACRS and depreciated faster..." I'm assuming you are referring to cabinets in 27.5 year residential real property, since that is the nature of the discussion. To which IRS pub (or pubs) are you referring? And where in the pub(s) does it state that a different MACRS classification is available? If you can help me find that it would be very helpful. Thanks!
‎September 8, 2024
10:51 AM