Hi, I bought a house(fixer upper) that had 2 sets of new garage doors that came with it(not installed on the house). I installed these doors on another rental property I have. How do I determine my basis for these. Also several articles I've read say to depreciate over 27.5 years, but in my experience the lifespan of garage doors on rental property is closer to 10 or 15 years.
Thanks in advance for any advice on the matter.
