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tax depreciation

mgb
Level 1

A metal warehouse brought into use March 2019   what life can I use to depreciate it?

This is apansion of an existing building cost $291,000

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3 Comments 3
IRonMaN
Level 15

You don't say what software you are using which is normally helpful, but what kind of life are you thinking about going with?


Slava Ukraini!
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steven3810
Level 2

39 years.  Unless you are required to use ADS because of a 163(J) interest election.

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mgb
Level 1

Thanks so much for the quick response

 

Mervyn

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