leasehold improvements - Spidell

leasehold improvements

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Message Board leasehold improvements

This topic contains 2 replies, has 3 voices, and was last updated by William Dewberry 2 months, 1 week ago.

  • Author
  • #165679

    So are we depreciating leasehold improvements over 39 years now? Can we do 15 years for 2018 returns?

    Also are leasehold improvements eligible for 179 or 100% bonus depr?

  • #165723
    Lynn Freer

    It’s eligible for 179 but depreciate over 39 years and not eligible for bonus

  • #165888
    William Dewberry

    Not all LI improvements are eligible for 179, you’d need to review the nature of the LI, as not all qualify.