@AmeliesUncle that restriction was removed in TCJA for personal property, but agree that it would not apply to roofs and HVAC for residential rental.
One significant limitation on Section 179 is that rental property owners could not use it to deduct the cost of personal property used in residential rental units. The TCJA eliminates this restriction starting in 2018. Thus, starting in 2018, landlords may use Section 179 to deduct up to $1 million in personal property in rental units each year. For example, Section 179 may be used to deduct appliances and furniture in rental units. Section 179 may also be used to deduct improvements to non-residential building roofs; as well as HVAC, fire protection, alarm, and security systems added after the building was first placed in service. However, Section 179 may not be used to deduct the cost of such property in residential buildings.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
