view2
New Member

Investors & landlords

An improvement depreciated same as original property.

  Heating, ventilation and air conditioning (“HVAC”) systems (including motors, compressors, boilers, furnace, chillers, pipes, ducts, radiators);

Improvements to a building system are deemed an improvement to the building as a whole. The taxpayer will then capitalize the improvement cost into the UOP of the building. [27.5 years depreciation]