Noun. 1. specific heat-the heat required to raise the temperature of one gram of a substance one degree centigrade. heat, heat energy-a form of energy that is transferred by a difference in temperature. 1  Facebook.
You begin to depreciate your property when you place it in service for use in your trade or business or for the production of income. You stop depreciating property either when you have fully recovered your cost or other basis or when you retire it from service, whichever happens first.
The time period you have to depreciate a carpet in a rental depends on whether it is classified as personal property or part of the building structure. If the carpet is tacked down, it is classified as personal property and is depreciated over five years.But if the carpet in a residential rental property is glued down, it is considered to be part of the building structure and must be depreciated over a whopping 27.5 years.mong these are the cost of improvements and repairs to the space you rent out. Repairs are currently deductible--that is, the entire cost can be deducted in a single year. On the other hand, improvements must be depreciated--that is, deducted a portion at a time over several years.