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.
TL is incorrect. You have to figure this depreciation based on the schedule that you are using on your tax form for depreciating the carpet. Ask your accountant how many years he is taking off the new carpet on your taxes. It can be from 5-10 years (7 is just the average).ake the carpet's cost, divide it by the number of years you are depreciating it on your taxes, then multiply by 2. Carpet price / # of yrs depreciated x 2 = wear & tear. That equals the amount of normal wear and tear you would have already had from any normal tenant who had lived there for 2 years.