I purchased a new garbage disposal for my rental property before I put my it into rental service. I didn't have it installed by a plumber until after the property was placed on the market. How do I depreciate it?
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Start depreciation from the time it was installed.
Please see this answer from Hal_Al:
It's an improvement and is depreciated over 27.5 years.
However, there is a relatively new tax break that will allow you to elect to deduct it all this year.
You can still use the De Minimis Safe Harbor election for improvements Up to $2500.
Reference: https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations
Start depreciation from the time it was installed.
Please see this answer from Hal_Al:
It's an improvement and is depreciated over 27.5 years.
However, there is a relatively new tax break that will allow you to elect to deduct it all this year.
You can still use the De Minimis Safe Harbor election for improvements Up to $2500.
Reference: https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations
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