How would you treat?

[Sparky]

Guy hires a contractor to Epoxy coat two garage floors for his side by side rental. Pays a total of $4,750.

My first reaction was this is going to last a lifetime depreciate it over 27.5 years. . . .

Would appreciate your advise.

[taxmom34]

perhaps a more detailed picture of this "guy" s situation. does he own the property or not? sounds like just his side of the garage was epoxied, if that is right and he owns the property it is personal expense, added to his basis when he sells.

[taxea]

What does the contractor say the life-time of the coating is?

[ATSMAN]

Guy hires a contractor to Epoxy coat two garage floors for his side by side rental. Pays a total of $4,750.

My first reaction was this is going to last a lifetime depreciate it over 27.5 years. . . .

Would appreciate your advise.

See if it facts fit the rules:

It is not expected that this work will be required regularly, so it's not under the routine maintenance safe harbor. Taxpayer may elect to deduction of up to the lesser of 2% of adjusted basis or $10,000. That expense for the improvement will go under Repairs on Sch E with a notation that the expense was under sec 1.263a.
Adjusted basis is what the building started with for depreciation when first put in service for rental purpose, not current depreciable basis.