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Investors & landlords
UPDATED FOR TAX YEAR 2019
Probably.
Depending on the year it was put in service in the business, and the system of depreciation used (ACRS or MACRS) it has a depreciable life of 15-35 years
If you placed a non-residential building in service in 1985, it would have a recovery period of 18 years under ACRS and would be fully depreciated.
[Edited | 3/26/2020 | 11:51am PDT]
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‎June 6, 2019
6:03 AM