3089992
Would a new retaining wall at a rental property be depreciated over 5 years, 15 years, 27.5 years? Is there a good comprehensive list of examples of what falls under each class?
You'll need to sign in or create an account to connect with an expert.
See https://www.irs.gov/publications/p527#en_US_2022_publink1000219075
15 years, same as fences, roads, misc. hard surfaces (land improvements).
Duplicate post
is a retaining wall replacement depreciation be 275 years or 20
neither under the GDS (MACRS) system land improvements are 15 years.
if you select land improvements as the type Turbotax should automatically use 15 years 150%db
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17523314011
Returning Member
AndrewA87
Level 4
business mileage for rental real
New Member
Stevesleft
Level 1
mona-addesso
New Member