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Updated about 9 years ago,
Condo Exterior Door - Depreciation v. Deduction
My friend owns a rental unit in downtown Chicago. All 300 condos will need new exterior door, the original contractor used the wrong -cheap- type and now they all need to be replaced including the frame.
If one replaces this in parts during two different tax years, e.g. Dec 2015 - Jan 1015, can this be deducted rather than depreciated at 27.5 years? The cost is $5,000 per door.
Thanks,
F