IRS Pub 946 uses language like "commercial building" and non residential real estate" which makes me wonder if the IRS is concerned about the zoning of the land? or...since my metal building is a commercial type building, is that all that matters? chapter 1 of Pub946 "Overview of depreciation" under "What Property can be depreciated" it says "Property you own" and lists some examples but doesn't mention commercial or non-residential. It isn't until you get to chapter 4 of Pub946 and look at "recovery periods under GDS" that you start seeing this "non-residential real property" language. Which, I'm also assuming that I'd use GDS to determine depreciation. Any thoughts to clear this up?
