- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
That publication is referring to assessments against your residence. Assessments against your business that are for improvements to the area and increase the value of your home are depreciated as rental real estate property over 27.5 years.
Go ahead and create a new asset for the assessment and begin depreciating it as of the date that you paid it.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 3, 2023
10:34 AM