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Rental improvement date placed in service

linduca1216
Level 7

Remodeling on a rental was done throughout the year.  Date placed in service?  Dec?  Home was "usable" throughout.

 

 

 

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2 Comments 2
BobKamman
Level 15

Doesn't qualify to be expensed under safe-harbor rules?  I have been known to use July for everything if it doesn't look like it would make much difference from breaking it down even further.  

Skylane
Level 11
Level 11

27.5 years is a long run....  a few months either way doesn't usually make much difference... i agree w/ Bob

If at first you don’t succeed…..find a workaround
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