Originally Posted by Unregistered:
Do I have to depreciate a new ac/heat pump ($6500), or can this be expensed in one year? I’m hearing conflicting answers.
This sounds like a home improvement that should be depreciated over 39 years and it represents more than half of the cooling/heating system in your home. See my article about exceptions to this rule:
http://tomcopelandblog.com/how-to-de...me-improvement