TCl Posted April 2, 2019 Report Share Posted April 2, 2019 Client leased office space and paid over $80k in build out / TI ... is this depreciated over the life of the lease (10 years) or 39 years? Thanks so much! Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 2, 2019 Report Share Posted April 2, 2019 It would never be 10. Does anyone know if qualified leasehold improvements has been fixed? https://www.accountingtoday.com/opinion/common-depreciation-missteps-and-misconceptions-qualified-leasehold-improvements Quote Link to comment Share on other sites More sharing options...
TCl Posted April 2, 2019 Author Report Share Posted April 2, 2019 Thank you, Abby Normal! I appreciate your help! I do not believe that it has been fixed. Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 2, 2019 Report Share Posted April 2, 2019 Yeah, I don't think much of anything has been fixed. 1 Quote Link to comment Share on other sites More sharing options...
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