I have read differing things regarding depreciation of mobile office bldg. Bldg was purchased 2nd hand (in 2015), it is on a trailer/wheels in order to be portable. It is NOT an RV type thing & has no plumbing of any sort- picture a shed type thing on wheels. Sits on a rented lot for seasonal use (as an office- not residential) & is vacant during the remainder of the year (though stores business materials). Some of the info that I have read states this would be 7 year property & others say 18 or even longer.
What say ye?
Any in addition, would you add $ spent- on things like making stairs, the moving fees, etc- to the basis or as another deduction?
What say ye?
Any in addition, would you add $ spent- on things like making stairs, the moving fees, etc- to the basis or as another deduction?
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