Tax life for parking lot paving, furnace and A/C

[ChiHoang]

Would you please provide me with the depreciation period for a parking lot paving, furnace and A/C for a service business.

Thanks

[dascpa]

This community board is to help with software issues, not replace research that you could do on your own. While not legally authoritative, I've heard that Google is a great place to start.

[dkh]

Try looking at IRS Pub946

[TaxGuyBill]

15 years or possibly a repair for parking lot.

39/40 years for HVAC, unless it qualifies as Qualified Improvement Property.

[qbteachmt]

"for a service business"

You want to look at commercial property. Not residential, and not "service." Service might be the business, but the property is being used for a Commercial purpose.