Class life for garage on residential lot

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 snipped-for-privacy@rlcarr.com

Reply to
Rich Carreiro
Loading thread data ...

"Rich Carreiro" wrote

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.

Reply to
Paul Thomas, CPA

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.