"Rich Carreiro" <rlc-news[at]rlcarr.com> wrote
- quote -




It's residential as long as it's used by the residents for personal use.

Business use of the garage by the owner would change my answer. Business
use by the tenants shouldn't change my answer.








--
Paul A. Thomas, CPA
Watkinsville, Georgia

--
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Taxpayer owns a two-story house. First floor is one unit
and is occupied by taxpayer. Second floor is split into two
units and each unit is rented out.

There is a two-car garage (used by the tenants) on the property.

What is the GDS/MACRS class life for depreciating improvements to the
garage? Is it the usual 27.5 years for residential real estate or is
it something shorter (or longer) because the garage, while part of the
overall residential RE rental operation, is not a dwelling unit?

--
Rich Carreiro rlc-news[at]rlcarr.com

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >