As a condition of leasing a 10-year-old warehouse, Martha had to make capital improvements to the interior

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As a condition of leasing a 10-year-old warehouse, Martha had to make capital improvements to the interior of the building to accommodate the lessee. These improvements cost Martha $300,000. The improvements were completed, and the 10-year lease commenced on October 28, 2013. Martha does take additional first-year depreciation. Determine Martha's cost recovery for 2013 with respect to the leasehold improvement?
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South Western Federal Taxation 2014 Comprehensive Volume

ISBN: 9781285180922

37th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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