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Employee
February 18, 2023
Question

Depreciation timelines

  • February 18, 2023
  • 1 reply
  • 0 views

I have 3 improvement I was wondering how they would be classified 

*complete re line of sewer from inside the house to the connection at the street

*complete replacement of galvanized pipe in a bathroom with pex

*new custom metal permanently installed handrail for front staircase


Would they be 27.5 years?  15?  Thanks 

    1 reply

    February 18, 2023

    The sewer line is a bit questionable, but my first thought is 27.5 years as a "restoration" of a "discrete and critical function" of the plumbing system.

     

    The bathroom pipe and handrail seem to be deductible repairs/maintenance to me.