Sanity check: 15-year land improvement (new driveway) for residential rental property: eligible for bonus depreciation under new rules?

[randykcpa]

Overthinking this and factoring in technical glitch on qualified improvement property (which I believe is a separate issue). Land improvement is land improvement - 15-year property and eligible for bonus depreciation. 

[TaxGuyBill · Accepted solution]

Yep, it is eligible for Bonus.

[randykcpa]

Thanks! Got some conflicting feedback. It's not 'qualified improvement property' which is not eligible for 168 bonus but is eligible for 179. It's 15-year macrs and 'qualified property'. That's my story and I'm sticking to it.

[TaxGuyBill]

Yep, I agree.