JimTaxes Posted November 16, 2018 Report Share Posted November 16, 2018 depreciation on leasehold improvements to non-residential rental or commercial property.. can I bounce this off of someone - 2018 rules I understand a technical correction needs to be done in order for Qualified Improvement Property (QIP) to qualify for 100% bonus in 2018. but what if there is a commercial property or non-residential real estate and taxpayer makes interior improvements it seems that qualifies for section 179 as seen at link below Am I understanding this right? https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-cuts-and-jobs-act Quote Link to comment Share on other sites More sharing options...
Max W Posted November 24, 2018 Report Share Posted November 24, 2018 Yes, it qualifies with the exceptions that are outlined - the enlargement of the building, any elevator or escalator or the internal structural framework of the building. Roofs, HVAC, fire protection systems, alarm systems and security systems Quote Link to comment Share on other sites More sharing options...
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