I came across Bonus Depreciation allowance part of the new tax act. The tricky part is the 20 years rule for the lifetime of the asset.
https://www.fool.com/millionacres/taxes/depreciation/how-bonus-depreciation-affects-rental-propertie...
Does anyone have any more guidelines what would be the depreciation period for french drain , inside water proofing and deck repairs? water pump? do they inherit the 27.5 years or maybe 15 years like landscaping?
