Real estate acquired 1/1/71 or later - commercial and industrial - used (CA treatment)

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IRS filing deadline update

The IRS MeF system is now processing returns, and the filing deadline has been extended to 11:59 PM on Wednesday, April 18, 2018. For the latest details, see UltraTax CS alerts and notices.

The following table provides information about how the CA treatment will be built for real estate acquired 1/1/71 or later - commercial and industrial - used.

When the Tax method is CA treatment will be set up as

All MACRS and ACRS methods

200% DB

150% DB

125% DB

Straight Line

Method: Straight Line

Life

Years Digits

Method: Years Digits

Life

Assumption

Real property assets with a Tax life of 31.5 or 39 or greater than 40 are considered commercial and industrial assets. All other real property assets are considered residential rental assets.

After building the CA treatments, you should review and modify the CA treatment lives for the following assets.


Related topic

How determines the appropriate method and life

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