maglib
Level 10

Investors & landlords

It was also in  AICPA Today..    Rental property may now qualifies as business under new rules

Then there also always a way to change depreciation methods if using reasonable life based upon history, although you should get approval. Examples HVAC on a roof in Florida do NOT last 15 years, if you can substantiate your depreciation utilized, you can get approval normally and if you don't get it authorized, just hold documentation if needed for substantiating what and why you did something.

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