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Investors & landlords
Improvements to the property because they are for betterments and/or restorations to the property. Are in the same class of property as the residential rental property to which they are attached.and depreciated over a recovery period of 27.5 years.
All expenses are entered as one asset cost and entered as of the date placed in service.[ready to rent]
Appliances are are a 5 year property.
‎June 6, 2019
4:42 AM