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Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 10149
Experience:  Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
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How many years is an aerobic septic system depreciated

Customer Question

How many years is an aerobic septic system depreciated for commercial property
Submitted: 1 year ago.
Category: Tax
Expert:  Lane replied 1 year ago.

Hi,

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The ATS (actually not a septic system, but rather a treatment system);a small scale sewage TREATMENT system similar to a septic tank system, but which uses an aerobic digestion process rather than just the anaerobic process used in septic systems.

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HOWEVER, for tax purpose BOTH are improvements and Publication 527 leaves little doubt as to that is improvement and plumbing is generally a structural component 39 years for commercial property.

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Let me know if you have questions

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Lane

Expert:  Lane replied 1 year ago.

Thanks much ...let me know if I can help again

.

Lane

Expert:  Lane replied 1 year ago.

Hi, sorry for for digressing - but started out thinking that the ATS might not be treated the same, but again, both are structural and so are depreciated over the property's life.

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Let me know if you have questions

...

Lane

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