And never mount a passenger car tire on a motorcycle rim; the flat. profile of a car tire is incompatible with the dynamics of a vehicle that. leans as it corners, and the section of the tire in contact with the rim. (the âbeadâ) is incompatible with motorcycle rims. Motorcycle Industry Council Tire Guide.
Owners of commercial real estate can reduce their tax bill by depreciating the value of their property over a set period of time (the buildings' useful life, as defined by the IRS): the IRS depreciates residential rental buildings over 27.5 years and retail and other commercial structures over 39 years.
Landscaping is said not to have a useful life of its own, so itâs not depreciated as a land improvement. How do you deduct landscaping? Landscaping that is immediately adjacent to your home and would be destroyed if the home were moved or replaced. You must depreciate such expenses as part of your home over 39 years. If you installed it in the first year you began your business, add its cost to the purchase price of your home. If you installed it after you began your business, depreciate it separately as a home improvement over 39 years. Landscaping that is installed away from your home and would not be harmed if the home were moved or replaced. You canât depreciate these expenses at all, since land cannot be depreciated.