Commercial rental RE Depreciation

[GradyFinance]

I have a client who bought a commercial building personally and rents it to a corporation that she owns and operates. It was purchased mid year 2014.
Is there anything special that needs to be done as far as depreciation goes? I've got the recovery period at 31.5 yrs now. Is there any provisions that will allow her to accelerate the life? Thanks for the help. Never had a situation quite like this one and wasnt sure exactly what was allowable. She is not actively involved in real estate business.

[ttbtaxes]

The depreciable life of a commercial building is 39 yrs. not 31 1/2.

[GradyFinance]

Ahh. My mistake. Was thinking since it was actually built before '93, could use 31.5 but she purchased in '14 so it would have to be 39

[Lion]

If a lot of money is involved, she might want to pay for a segregation analysis to split out the building components both to use faster depreciation on those that qualify and to have her units of building segregated which may help her under the new repair regs if she's planning on updating this old building or keeping it long enough that units, such as heating, would be expected to be replaced during her ownership.