Investors & landlords


@Carl wrote:

 

I think your improvements would be more clearly classified as QIP (Qualified Improvement Property) which is depreciated over 15 years

 


 

Carl, it is probably not Qualified Improvement Property.   If this is a Residential Property on Schedule E, it would not be QIP.  And the driveway is not part of the internal part of the building, so that would not be QIP either.