pat
Level 5

Thank you.

I do find this a tad circular.

I did confirm that these are repair and maintenance items. 

However, the election allows the repair to be treated as an improvement. I read that as 15 year rather than 39 year property even if to the building. Am I wrong?

What is the benefit of this election? Do you think the total amount reported as expenses should be a consideration?

0 Cheers