Rental Residential Property Improvements

[JR 1]

I purchased a Rental Property that I have done some major remodeling/improvements. Can I Segregate each capital asset by its recovery period individually or does everything have to be added as a new asset using the same recovery period as the building structure (27.5 years).

For example, can I segregate the improvements by its specic useful life per IRS tables:

Item	Life
Light Fixtures	5
Carpet & Flooring	5
Furniture	5
Appliances	5
Cabinets	5
Land Improvements	15
Countertops	27.5
Windows	27.5
Doors	27.5
HVAC	27.5
Water Heaters	27.5
Remodels	27.5
Improvements	27.5
Residential Building	27.5
Commercial Building	27.5
Land	0
Closing Costs	27.5

Thank you1

[tagteam]

Read the first couple of pages of the (IRS) PDF at the link below.

https://www.irs.gov/pub/irs-pdf/p5653.pdf