Playground Equipment

**mactoolsix** · 02-11-2015, 07:54 PM

This depreciation guide shows 5 yrs and 10 yrs.

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http://www.uphelp.org/sites/default/files/pdfs/Depreciation_CP.pdf

And then this one shows 15 yrs

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http://legislativeaudit.sd.gov/municipalities/useful_life_table_body.htm

Then there's the US Master Tax Guide - says it's a land improvement - 15 yrs.

U.S. Master Depreciation Guide (2008)

https://books.google.com/books?id=--pLHsdfhEoC&pg=PA27&lpg=PA27&dq=depreciation+playground+equipment&source=bl&ots=ZrPlOiFGlG&sig=TljUsk656hJzxsxUI8UuZownaEo&hl=en&sa=X&ei=sffbVKKNJ5e0oQTbz4HgCQ&ved=0CEUQ6AEwBg#v=onepage&q=depreciation%20playground%20equipment&f=false

CCH's U.S. Master Depreciation Guide offers tax and accounting professionals who work with businesses a one-stop resource for guidance in understanding and applying the complex depreciation rules to their fixed assets. This area is especially challenging, because bits and pieces of applicable information must be gathered from a maze of Revenue Procedures, IRS Tables and IRS Regulations. These sources are frequently old and include some materials which may be non-applicable. CCH's U.S. Master Depreciation Guide pulls the pieces together, so practitioners can make sense of all the corresponding information and put the information into practice.

I'm leaning towards 15 years.

Mike

**Kram BergGold** · 02-11-2015, 08:05 PM

My Thoughts

If it is cemented or afixed to the ground in a permenant way I would say 15 year property. Otherwise 7 year property.
As 7, I would think it is eligible for section 179.

**mbigelow** · 02-12-2015, 01:46 PM

Thank you for your replies. The equipment is not cemented to the ground and could be moved. IN fact, the owners of the school plan to acquire their own property in the next couple years and will be taking the equipment with them. That makes me think it'd 7 year equipment.

Playground Equipment

Playground Equipment

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