Non-Residential Property Improvements

Certain property that is normally depreciated over 39 years can now, (for a limited time offer), be deducted fully in 2022!

First, who can take this Big Tax Break?

Owners or Lessees of
• Office Buildings
• Restaurants
• Bars
• Stores
• Strip Malls
• Motel or Hotel
• Warehouse
• Factory

Second, what improvements are included in this Big Tax Break?

Qualified Improvement Property (100% Bonus Depreciation)
o Drywall
o Ceilings
o Interior Doors
o Non-load bearing interior walls
o Fire protection
o Mechanical
o Electrical
o Plumbing
o Heating and air interior equipment and ductwork
o Security equipment

Qualified Real Property (Section 179 Expensing)
o Roofs
o Heating, ventilation, and air-conditioning (HVAC) property