Regarding depreciation , is a heat and air unit installed in a rental house categorized as residential rental real estate or appliances, carpet, furniture?
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Regarding depreciation , is a heat and air unit installed in a rental house categorized as residential rental real estate or appliances, carpet, furniture?
Regarding depreciation , is a heat and air unit installed in a rental house categorized as residential rental real estate or appliances, carpet, furniture?
"...is a heat and air unit installed in a rental house categorized as residential rental real estate..."
Classified as residential real estate; it would be capitalized and depreciated over 27.5 years.
Regarding depreciation , is a heat and air unit installed in a rental house categorized as residential rental real estate or appliances, carpet, furniture?
If the HVAC unit is part of the structure it must be depreciated over 27.5 years.
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