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    Depreciable Life

    A C Corp. built a storage shed for its equipment costing $2300. Is this 39 yrr. life
    or 7 yr. life for depreciation?
    Thanks

    #2
    life

    If its not Single purpose agricultural or horticultural structures (which is 10 years MACS)
    then it would be 39 years. Just my opinion.

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      #3
      I say, if it is movable, it's 7 years, if put on concrete and attached to land, then 39 years.

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        #4
        it is improvement - used life 10 years

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