Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

40
Posts
13
Votes
Tony Roddenberry
  • Rental Property Investor
  • Brunswick, GA
13
Votes |
40
Posts

Accelerated Depreciation, Cross segregation and or MACRS?

Tony Roddenberry
  • Rental Property Investor
  • Brunswick, GA
Posted

I'm fairly new to real estate and have quickly learned that the IRS gives us investors a lot of breaks but it comes at a price. The last few hours have been spent wandering around in a quagmire of IRS Publications that have caused the death of extremely valuable brain cells. (I'm running on a deficit already)

My rentals are all BRRRRs and it seems some of the cost of the (R)ehab fall under the accelerated depreciation category. So far I have not found a list, suitable for those of us that are brain cell deficient, that lays out what can or can't be put into this category. I'm thinking things like the new appliances are in the 5 to 7 year category and the new AC can be straight lined for 15 years?.

Does such a list exist? 

Is there a nuts and bolts article on BP that has applied the KISS (Keep It Simple Stupid) method to the IRS Publications for those of us do not view the IRS Codes as a challenge?    

If so I would really love to see it before I go completely  numb from the neck up.

Thanks for taking the time to read.

Tony Roddenberry

Loading replies...