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Lev, Tax Advisor
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What is depreciable life & related method heat pump?

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What is depreciable life & related method for a heat pump?
Submitted: 4 years ago.
Category: Tax
Expert:  Lev replied 4 years ago.
Hi and welcome to JustAnswer!
Heat Pump has 5 year asset life and Depreciation Method 200DB.
If permanently attached to the building - it should be depreciated the same way as the building.

Energy property described in section 48(a)(3)(A) - use 5 year MACRS. Energy property is also eligible for section 179 expense (even when permanently attached to a real property)

See IRS Publication 946 page 18 - Energy property.

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