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    Depreciation

    How many years do you assign for depreciation purposes to

    a fabricated metal ladder that is attached to the side of a commercial building to have access to the roof? Needed for access to the HVAC units, gutters and roof repairs

    Sandy

    #2
    It is not structural and perhaps no clear class so seven years. However, why not consider it as an expense if the cost is not great.

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      #3
      Cost

      Cost is $1,650 for fabrication and install , so maybe significant

      So while adding this info, another depreciation question

      carpet for residential rentals is 5 years, correct? is carpet for a commercial rental space also 5 years?

      Sandy
      Last edited by S T; 10-09-2008, 11:18 PM.

      Comment


        #4
        No, it just says for residential rental. What then? In the old days we worried about it being "part" of the building, But if it is ordinary carpet I think I'd use 7 years for commercial area. Ask how long it should last?
        JG

        Comment


          #5
          Commercial Carpet

          Thanks,

          T/p has already replaced several commercial carpets either at prior to 5 year period or on a , change of tenant. Guess it depends on the quality of the carpet and the tenant useage.


          Sandy

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