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83-35, 1983-1 C.B. 745. The revenue procedures provide ADR
classes for specified depreciable assets generally used in all
business activities, except as noted, as well as for depreciable
assets used in certain businesses. Rev. Proc. 83-35, supra, is
applicable for assets placed in service during years ended 1985
and 1986. The present class life is the asset guideline period
(i.e., the midpoint class life) established for the particular
class. Rev. Proc. 83-35, sec. 101, 1983-1 C.B. at 745.
The component method of depreciation is not permitted under
ACRS. Sec. 168(f)(1).25 The component method of depreciation is
25 Sec. 168(f) provides in pertinent part as follows:
SEC. 168(f) Special rules for application of this section.
--For purposes of this section--
(1) Components of section 1250 class property.--
(A) In general.--Except as otherwise provided in
this paragraph--
(i) the deduction allowable under subsection
(a) with respect to any component (which is
section 1250 class property) of a building shall
be computed in the same manner as the deduction
allowable with respect to such building, and
(ii) the recovery period for such component
shall begin on the later of--
(I) the date such component is placed in
service, or
(II) the date on which the building is
placed in service.
(B) Transitional rules.
(continued...)
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