Solved

What Is the Proper Tax Treatment of Capital Improvements for a Residential

Question 32

Multiple Choice

What is the proper tax treatment of capital improvements for a residential or commercial rental property?


A) Must be depreciated using straight-line over 27½ or 39 years.
B) Can be deducted as ordinary expenses.
C) Must be depreciated using the double-declining balance method.
D) IRC section 179 may be claimed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions