What is the cost recovery period for nonresidential buildings purchased after may 12, 1993?

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asked Nov 4, 2024 60.9k views

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Dnlbrky · Answer 1 · 2024-11-09T00:02:00+0000

Answer:

39 years

Step-by-step explanation:

The recovery period for nonresidential real property placed in service after May 12, 1993 (with limited exceptions), has been increased from 31.5 to 39 years

What is the cost recovery period for nonresidential buildings purchased after may 12, 1993?

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