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tax depreciation

mgb
Level 1

A metal warehouse brought into use March 2019   what life can I use to depreciate it?

This is apansion of an existing building cost $291,000

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3 Replies 3
IRonMaN
Level 15

You don't say what software you are using which is normally helpful, but what kind of life are you thinking about going with?

Armpit sniffer. Yup, checked out the help wanted ads and found the job. With my nose, how can I go wrong?
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steven3810
Level 1

39 years.  Unless you are required to use ADS because of a 163(J) interest election.

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mgb
Level 1

Thanks so much for the quick response

 

Mervyn

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