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Would a road for a farm or ranch be classified as an Economic Stimulus - Qualified Property?

jatrant
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TaxGuyBill
Level 15

My first thought is that a road is a 15 year "land improvement", in which case yes, that qualifies for Bonus Depreciation (which applies to most things with a 20 year or less Recovery Period).

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TaxGuyBill
Level 15

My first thought is that a road is a 15 year "land improvement", in which case yes, that qualifies for Bonus Depreciation (which applies to most things with a 20 year or less Recovery Period).

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