Test for depreciating as part of structure vs. sta - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Tax (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=8) +--- Thread: Test for depreciating as part of structure vs. sta (/showthread.php?tid=10030) |
Test for depreciating as part of structure vs. sta - sqjehd - 06-27-2011 For residential rental real estate, what's the test for determining whether an asset is depreciated over 27.5yrs as part of the structure vs. depreciated as a "standalone" asset? For example, I'd expect a refrigerator to be depreciable as a standalone asset. But what about a built-in bookcase? New kitchen cabinets? A door? A window? A toilet? A furnace? A new wood floor? Etc. |