Solved: New gas line installed from road to rental commercial building costing $9,000. Is this expensed or depreciated?

New gas line installed from road to rental commercial building costing $9,000. Is this expensed or depreciated?

posted

Gas lines are considered as structural components of the building and are depreciated over the same period as the building (over 39 years).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Gas lines are considered as structural components of the building and are depreciated over the same period as the building (over 39 years).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

New gas line installed from road to rental commercial building costing $9,000. Is this expensed or depreciated?