AnnetteB6
Expert Alumni

Investors & landlords

Yes, you are on the right track.  

 

1 - Yes, you can depreciate the appliances separately as their own assets and the remaining remodel cost as a single asset as well.

 

2 - Those are the correct choices since that will make the depreciation recovery period match the property itself.

 

3 - The project finish date is the date the asset is placed in service to start depreciation, so it is the appropriate date to use.

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