Asset
|
Description
|
Property Type
|
Recovery Period
|
Beverage Equipment
|
Equipment for storage
and preparation of
beverages and beverage
delivery systems.
Beverage equipment
includes the
refrigerators, coolers,
dispensing systems, and
the dedicated
electrical, tubing or
piping for such
equipment. The
dispensing system may be
gravity, pump or gas
driven.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Canopies &
Awnings
|
Readily
removable overhang or
covering, often of
canvas or plastic, used
to provide shade or
cover over a storefront,
window, or door; or used
inside a structure to
identify a particular
area. Examples
include applications
over an exterior door or
window, or attached to
interior walls or
suspended from ceilings
to identify a buffet
line or bar area of the
restaurant. Does not
include canopies that
are an integral part of
a building’s structural
shell, such as in the
casino industry, or over
docks.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Ceilings
|
Includes all interior
ceilings regardless of
finish or décor, e.g.
drywall or plaster
ceilings, acoustic
ceilings, suspended
ceilings (including all
hangers, frames, grids,
and tiles or panels),
decorative metal or tin
finishes, kitchen
plastic panels,
decorative panels, etc.
|
1250
|
Building or Building
Component –
39
Years
|
Computers
|
Processors (CPU), direct
access storage device
(DASD), tape drives,
desktop and laptop
computers, CRT,
terminals, monitors,
printers, and other
peripheral equipment.
Excludes Point of Sale
(POS) systems and
computers that are an
integral part of other
equipment (e.g., fire
detection, heating,
cooling, or energy
management systems,
etc.).
|
1245
|
00.12
Information Systems –
5 Years
|
Concrete Foundations &
Footings
|
Includes formwork,
reinforcement, concrete
block, and pre-cast or
cast-in-place work
related to foundations
and footings necessary
for the proper setting
of the building.
|
1250
|
Building or Building
Component –
39
Years
|
Foundations or footings
for signs, light poles,
canopies and other land
improvements (except
buildings).
|
1250
|
00.3
Land Improvements –
15
Years
|
Data
Handling Equipment
|
Includes adding and
accounting machines,
calculators, copiers and
duplicating
machines. Excludes
computers and computer
peripheral equipment,
see Computers.
|
1245
|
00.13
Data Handling Equipment,
except Computers –
5 Years
|
Doors
|
Interior and exterior
doors, regardless of
decoration, including
but not limited to,
double opening doors,
overhead doors,
revolving doors, mall
entrance security gates,
roll-up or sliding wire
mesh or steel grills and
gates, and door hardware
(such as doorknobs,
closers, kick plates,
hinges, locks, automatic
openers, etc.).
|
1250
|
Building or Building
Component –
39
Years
|
Special
lightweight, double
action doors installed
to prevent accidents in
a heavily trafficked
area. For example,
Eliason doors providing
easy access between the
kitchen and dining
areas.
|
1245
|
57.0
Distributive Trades and
Services –
5 Years
|
Doors – Air Curtains
|
Air
doors or curtains are
air systems located
above doors and windows
that circulate air to
stabilize environments
and save energy by
minimizing the
heated/air conditioned
air loss through open
doorways and windows.
They also effectively
repel flying insects,
dust, and pollutants.
|
1250
|
Building or Building
Component –
39
Years
|
Drive-Through Equipment
|
Drive-through equipment
includes order taking,
food delivery and
payment processing
systems whether
mechanical or
electronic. Excludes
building elements such
as doors, bays, or
windows. See also
Walls – Exterior,
and Windows for
drive-through bays and
windows.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Electrical
|
Includes all components
of the building
electrical system used
in the operation or
maintenance of the
building or necessary to
provide general building
services such as
electrical outlets of
general applicability
and accessibility,
lighting, heating,
ventilation, air
conditioning and
electrical wiring. See
also Kitchen
Equipment Hook-ups.
|
1250
|
Building or Building
Component –
39
Years
|
Special
electrical connections
which are necessary to
and used directly with a
specific item of
machinery or equipment
or connections between
specific items of
individual machinery or
equipment; such as
dedicated electrical
outlets, wiring,
conduit, and circuit
breakers by which
machinery and equipment
is connected to the
electrical distribution
system. Does not
include electrical
outlets of general
applicability and
accessibility. See
Chapter 5 of the Cost
Segregation Audit
Techniques Guide for
allocation examples.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Elevators &
Escalators
|
Elevators and
escalators, which
include handrails and
smoke baffles, are
permanently affixed to
the building and
intended to remain in
place. They relate to
the operation or
maintenance of the
building and are
structural components.
|
1250
|
Building or Building
Component –
39
Years
|
Equipment Installation
|
Expenses incurred in the
installation of
furnishings and
restaurant equipment.
Some examples include
booths, tables, counters
and interior theme
décor.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Exit
Signs
|
Signs
posted along exit routes
that indicate the
direction of travel to
the nearest exit. These
signs typically read
"EXIT" and may have
distinctive colors,
illumination, or arrows
indicating the direction
to the exit.
|
1250
|
Building or Building
Component – 39 Years
|
Fire
Protection &
Alarm Systems
|
Includes sensing
devices, computer
controls, sprinkler
heads, piping or
plumbing, pumps, visual
and audible alarms,
alarm control panels,
heat and smoke detection
devices, fire escapes,
fire doors, emergency
exit lighting and
signage, and wall
mounted fire
extinguishers necessary
for the protection of
the building.
|
1250
|
Building or Building
Component –
39
Years
|
Fire
Protection Equipment
|
Includes special fire
detection or suppression
systems located in
equipment hoods or
directly associated with
a piece of
equipment. For example,
a fire extinguisher
designed and used for
protection against a
particular hazard
created by the business
activity.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Fireplaces
|
Includes masonry and gas
fireplaces, flues,
chimneys and other
components of built-in
fireplaces.
|
1250
|
Building or Building
Component –
39
Years
|
Floor Coverings
|
Floor
covering affixed with
permanent adhesive,
nailed, or screwed in
place. Examples include
ceramic or quarry tile,
marble, paving brick,
and other coverings
cemented, mudded, or
grouted to the floor;
epoxy or sealers; and
wood flooring.
|
1250
|
Building or Building
Component –
39
Years
|
Floor
covering that is
installed by means of
strippable adhesives.
For the restaurant
industry, all carpeting
will be treated as not
permanently attached and
not intended to be
permanent. Excludes
rugs or tapestries that
are considered artwork
and do not suffer wear
and tear (e.g. Persian
rugs that may appreciate
are considered artwork).
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Floors
|
Includes concrete slabs
and other floor
systems. Floors include
special treatments
applied to or otherwise
a permanent part of the
floor. For example,
"superflat" finish,
sloped drainage basins,
raised perimeter,
serving line curb, or
cooler, freezer and
garbage room floors.
|
1250
|
Building or Building
Component –
39
Years
|
Food Storage
& Preparation Equipment
|
Food
storage, cleaning,
preparation, and
delivery systems
including all machinery,
equipment, furniture and
fixtures used to process
food items from storage
through delivery to the
customer.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Heating Ventilating &
Air Conditioning (HVAC)
|
Includes all components
of a central heating,
ventilating and air
conditioning system not
specifically identified
elsewhere. HVAC systems
that are installed not
only to meet the
temperature and humidity
requirements of
machinery, but are also
installed for additional
significant purposes,
such as customer comfort
and ventilation, are
building components.
|
1250
|
Building or Building
Component –
39
Years
|
Only
separate kitchen HVAC
units that meet the sole
justification test are
included (i.e.,
machinery the sole
justification for the
installation of which is
the fact that such
machinery is required to
meet temperature or
humidity requirements
which are essential for
the operation of other
machinery or the
processing of materials
or foodstuffs.) Kitchen
HVAC may meet the sole
justification test even
though it incidentally
provides for the comfort
of employees, or serves,
to an insubstantial
degree, areas where such
temperature or humidity
requirements are not
essential. Includes
refrigeration units,
condensers, compressors,
accumulators, coolers,
pumps, connecting pipes,
and wiring for the
mechanical equipment for
climate controlled rooms
such as walk-in freezers
and coolers. Allocation
of HVAC is not
appropriate.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Kitchen Equipment
Hook-ups
|
Includes separate water
lines from the incoming
water main to equipment
(such as steam trays,
cooking vessels, or ice
machines), gas lines
from the building’s main
gas line to equipment
(such as fryers or
ovens), and special
drain lines from
equipment (such as
refrigerator or
dishwasher) to the
drain. Also includes
ventilation system or
kitchen air makeup unit
solely to maintain
specific ventilation
requirements essential
for operation of kitchen
equipment, equipment
exhaust hoods, and
electric outlets and
conduit extending back
to the circuit box to
provide a localized
power source for
specialized equipment.
For example, a
dishwasher requires
electric and plumbing
hook-ups, electrical
from the dishwasher to
the source of
electricity (such as an
outlet or junction box),
and plumbing to connect
the dishwasher to the
water line and the
drain. Excludes
outlets of general
applicability and
accessibility or kitchen
hand sink plumbing; see
also Electrical,
HVAC, and
Plumbing.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
–Light Fixtures –
Interior
|
Includes lighting such
as recessed and lay-in
lighting, night
lighting, and exit
lighting, as well as
decorative lighting
fixtures that provide
substantially all the
artificial illumination
in the building or along
building walkways. For
emergency and exit
lighting, see Fire
Protection & Alarm
Systems.
|
1250
|
Building or Building
Component –
39
Years
|
Decorative light
fixtures are light
fixtures, such as neon
lights or track
lighting, which are
decorative in nature and
not necessary for the
operation of the
building. In other
words, if the decorative
lighting were turned
off, the other sources
of lighting would
provide sufficient light
for operation of the
building. If the
decorative lighting is
the primary
source of lighting, then
it is section 1250
property.
|
1245
|
57.0
Distributive Trades and
Services -
5 Years
|
–Light Fixtures –
Exterior
|
Exterior lighting
whether decorative or
not is considered
section 1250 property to
the extent that the
lighting relates to the
maintenance or operation
of the building.
Includes building
mounted lighting to
illuminate walkways,
entrances, parking, etc.
|
1250
|
Building or Building
Component –
39
Years
|
Pole
mounted or freestanding
outdoor lighting system
to illuminate sidewalks,
parking or recreation
areas. See also
Poles & Pylons.
Note* asset class 00.3
Land improvements
includes both section
1245 and 1250 property
per Rev. Proc. 87-56.
|
See Note*
|
00.3
Land Improvements –
15
Years
|
Plant
grow lights or lighting
that highlights only
the landscaping or
building exterior (but
not parking areas or
walkways) does not
relate to the
maintenance or operation
of the building.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Millwork – Decorative
|
Decorative millwork is
the decorative finish
carpentry in the
restaurant. Examples
include detailed crown
moldings, lattice work
placed over finished
walls or ceilings,
cabinets and counters.
The decorative millwork
serves to enhance the
overall theme of the
restaurant and is not
related to the operation
of the building.
Excludes cabinets and
counters in a restroom;
see Restroom
Accessories.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Millwork - General
Building or Structural
|
General
millwork is all building
materials made of
finished wood (e.g.,
doors and frames, window
frames, sashes, porch
work, mantels, panel
work, stairways, and
special woodwork).
Includes pre-built
wooden items brought to
the site for
installation and items
constructed on site such
as restroom cabinets,
door jambs, moldings,
trim, etc.
|
1250
|
Building or Building
Component –
39
Years
|
Office Furnishings
|
Includes desk, chair,
credenza, file cabinet,
table, or other
furniture such as
workstations. Also
includes telephone
equipment, fax machines,
and other communications
equipment. Does not
include communications
equipment included in
other asset classes in
Rev. Proc. 87-56.
|
1245
|
00.11
Office Furniture,
Fixtures, and Equipment
–
7 Years
|
Parking Lots
|
Grade
level surface parking
area usually constructed
of asphalt, brick,
concrete, stone or
similar material.
Category includes bumper
blocks, curb cuts, curb
work, striping,
landscape islands,
perimeter fences, and
sidewalks.
|
1250
|
00.3
Land Improvements –15
Years
|
Plumbing
|
All
piping, drains,
sprinkler mains, valves,
sprinkler heads, water
flow switches, restroom
plumbing fixtures (e.g.
toilets) and piping,
kitchen hand sinks,
electric water coolers,
and all other components
of a building plumbing
system (water or gas)
not specifically
identified elsewhere.
Excludes water or gas
connections directly to
appliances or kitchen
drainage and kitchen hot
water heater; see
Kitchen Equipment
Hook-ups.
|
1250
|
Building or Building
Component –
39
Years
|
Includes water, gas, or
refrigerant hook-ups
directly connected to
appliances or equipment,
eyewash stations,
kitchen drainage, and
kitchen hot water
heater. For example, a
dishwasher would require
special water hook-up.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Point of Sale
(POS) Systems
|
A
register or terminal
based data collection
system used to control
and record all sales.
Includes cash
registers, computerized
sales systems, and
related peripheral
equipment. See also
Electrical for
hook-ups.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Poles & Pylons
|
Light
poles for parking areas
and other poles poured
in concrete footings or
bolt-mounted for
signage, flags, etc.
Note* asset class 00.3
Land Improvements
includes both section
1245 and 1250 property
per Rev. Proc. 87-56.
|
See Note*
|
00.3
Land Improvements –
15
Years
|
Restaurant Décor
Accessories
|
Decorative mobile props
such as playground
equipment, potted
plants, hanging mirrors,
ceiling fans, and theme
related props (such as
coat of arms, sporting
equipment or
memorabilia, artifacts,
pictures, plaques, etc.,
excluding
non-depreciable artwork,
antiques or
collectibles).
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Restaurant Furniture
|
Includes furniture
unique to restaurants
and distinguishable from
office furniture. For
example, a high stool in
a bar, dining room table
and chairs, booths,
lockers, or benches.
See also Office
Furnishings.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Restaurant
Non-structural Theme
Elements
|
Interior non-load
bearing decorative
structures. These are
items that do not
function as part of the
building and are not
integrated with building
elements such as wiring,
plumbing or
ventilation. For
example a model castle
constructed of gypsum
board or plaster and
wood studs would be
considered a
non-structural theme
element that functions
merely as
ornamentation. Excludes
a half wall whose
function is to provide
traffic control or space
subdivision, see
Walls - Interior
Partitions.
Excludes decorative
ceilings, see
Ceilings.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Restroom Accessories
|
Includes paper towel
dispensers, electric
hand dryers, towel racks
or holders, cup
dispensers, purse
shelves, toilet paper
holders, soap dispensers
or holders, lotion
dispensers, sanitary
napkin dispensers and
waste receptacles, coat
hooks, grab bars,
mirrors, shelves, vanity
cabinets, counters,
ashtrays, baby changing
stations, and other
items generally found in
public restrooms that
are built into or
mounted on walls or
partitions.
|
1250
|
Building or Building
Component –
39
Years
|
Restroom Partitions
|
Includes shop made and
standard manufacture
toilet partitions,
typically metal, but may
be plastic or other
materials.
|
1250
|
Building or Building
Component –
39
Years
|
Roof
|
All
elements of the roof
including but not
limited to joists,
rafters, deck, shingles,
vapor barrier,
skylights, trusses,
girders and gutters.
Determination of whether
decorative elements of a
roof (e.g. false
dormers, mansard)
constitute structural
building components
depends on their
integration with the
overall roof not their
load bearing capacity.
If removal of the
decorative element
results in the direct
exposure of building
components to water,
snow, wind, or moisture
damage, or if the
decorative element
houses lighting
fixtures, wiring, or
other structural
components, then the
decorative elements are
part of the overall roof
system and are
structural components of
the building.
|
1250
|
Building or Building
Component –
39
Years
|
Security Systems
|
Includes security
equipment for the
protection of the
building (and its
contents) from burglary
or vandalism and
protection of employees
from assault. Examples
include window and door
locks; card key access
systems; keyless entry
systems; security
cameras, recorders,
monitors and related
equipment; perimeter and
interior building motion
detectors; security
lighting; alarm systems;
and security system
wiring and conduit.
|
1250
|
Building or Building
Component –
39
Years
|
Signs
|
Exit
signs, restroom
identifiers and other
signs relating to the
operation or maintenance
of a building.
|
1250
|
Building or Building
Component – 39 Years
|
Interior and Exterior
Signs used for menu
display or theme
identity.
For
pylon signs, includes
only sign face. See
also Poles & Pylons.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Site
Preparation, Grading,
& Excavation
|
In
general, land
preparation costs
include one time cost of
clearing and grubbing,
site stripping, fill or
excavation, and grading
to allow development of
land. Clearing and
grubbing is the removal
of debris, brush, trees,
etc. from the site.
Stripping is the removal
of the topsoil to
provide a stable surface
for site and building
improvements. The
grading of land involves
moving soil to produce a
more level surface to
allow development of the
land.
|
|
Land
|
Clearing, grading,
excavating and removal
costs directly
associated with the
construction of
buildings and building
components are part of
the cost of construction
of the building.
|
1250
|
Building or Building
Component –
39
Years
|
Clearing, grading,
excavating and removal
costs directly
associated with the
construction of
sidewalks, parking
areas, roadways and
other depreciable land
improvements are part of
the cost of construction
of the improvements.
|
1250
|
00.3
Land Improvements –
15
Years
|
Site
Utilities
|
Site
utilities are the
systems that are used to
distribute utility
services from the
property line to the
restaurant building.
Includes water, sanitary
sewer, gas, and
electrical services.
|
1250
|
Building or Building
Component –
39
Years
|
Site
Work
|
Site
work includes
curbing, paving, general
site improvements,
fencing, landscaping,
roads, sewers,
sidewalks, site drainage
and all other site
improvements not
directly related to the
building. For sanitary
sewers, see Site
Utilities.
|
1250
|
00.3
Land Improvements –
15
Years
|
Sound Systems
|
Equipment and apparatus,
including wiring, used
to provide amplified
music or sound. For
example, public address
by way of paging a
customer or background
music. Excludes
applications linked to
fire protection and
alarm systems.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Stonework
|
Exterior decorative
stonework embedded in
half walls, such as
patio half walls, that
are an integral part of
a building’s structural
shell. Such half walls
relate to the operation
or maintenance of the
building.
|
1250
|
Building or Building
Component –
39
Years
|
Includes patio stonework
imbedded in the ground
or applied to exterior
half walls that are not
an integral part of the
building’s structural
shell.
|
1250
|
00.3
Land Improvements –
15
Years
|
Trash Enclosures
|
Enclosures for waste
receptacles that are
attached to the
building. Typically
constructed of the same
materials as the
building shell with
either interior or
exterior access. These
trash enclosures are an
integral part of the
building shell and
cannot be moved without
damage to the underlying
building.
|
1250
|
Building or Building
Component –
39
Years
|
Freestanding enclosures
for waste receptacles,
typically constructed on
a concrete pad with its
posts set in the
concrete. Serves both
safety and decorative
functions.
|
1250
|
00.3
Land Improvements –
15
Years
|
Upholstery
|
Any
material used in the
coverage and protection
of furnishings.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Wall Coverings
|
Includes interior and
exterior paint; ceramic
or quarry tile, marble,
stone, brick and other
finishes affixed with
mortar, cement or grout;
paneling, wainscoting
and other wood finishes
affixed with nails,
screws or permanent
adhesives; and sanitary
kitchen wall panels such
as Fiberglass Reinforced
Plastic (FRP), stainless
steel or plastic wall
panels.
|
1250
|
Building or Building
Component –
39
Years
|
Strippable wallpaper
that causes no damage to
the underlying wall or
wall surface.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Walls – Exterior
|
Includes all exterior
walls and building
support regardless of
construction materials.
Exterior walls may
include columns, posts,
beams, girders, curtain
walls, tilt up panels,
studs, framing,
sheetrock, insulation,
windows, doors, exterior
façade, brick, masonry,
etc. Also includes
drive-through bay,
windows, and doors.
|
1250
|
Building or Building
Component –
39
Years
|
Walls - Interior
Partitions
|
Includes all load
bearing interior
partitions regardless of
construction. Also
includes non-load
bearing partitions
regardless of height
(typically constructed
of studs and sheetrock
or other materials) that
divide or create rooms
or provide traffic
control. Includes
rough carpentry and
plaster, dry wall or
gypsum board, and other
finishes.
|
1250
|
Building or Building
Component –
39
Years
|
Interior walls where the
partition can be 1)
readily removed and
remain in substantially
the same condition after
removal as before, or 2)
moved and reused, stored
or sold in its entirety.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
Windows
|
Exterior windows,
including store front
windows, drive-through
service and carousel
windows, and vestibule.
|
1250
|
Building or Building
Component –
39
Years
|
Window Treatments
|
Window
treatments such as
drapes, curtains,
louvers, blinds, post
construction tinting or
interior decorative
theme décor that are
readily removable.
|
1245
|
57.0
Distributive Trades and
Services --
5 Years
|
