Real estate acquired 1/1/71 or later - residential rental - useful life 20yrs or more - used (CA treatment)

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

The following table provides information about how the CA treatment will be built for real estate acquired 1/1/71 or later - residential rental - useful life 20yrs or more - used.

When the Tax method is CA treatment will be set up as
All MACRS and ACRS methods or 125% DB, 150% DB, 200% DB

Method: 125% DB

Life

Straight Line

Method: Straight Line

Life

Years Digits

Method: Years Digits

Life

Land

Method: Land

Life: Uses the life entered in the Life field for the Tax treatment.

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

Share This