Air conditioner for rental property

[bmshah1]

I bought a new air conditioner for a rental property in 2023. The cost of air conditioner was 5200. Should I take a depreciation on it or expense it out fully?

[DoninGA]

If you purchased a Central Air Conditioning unit it has to be depreciated at the same recovery rate as the rental property, 27.5 years.

[bmshah1]

@DoninGA Thank you. I will depreciate it.  A follow on question. I put the house as rental in 2016 but the air conditioning was bought last year. Does it matter if the house has been depreciating longer than the air conditioning?

[DoninGA]

@bmshah1 No, it does not matter that the rental property has been depreciating longer.  The date the A/C unit was placed in service is when the depreciation begins on the unit.