For each of the assets named in problem 9.5 (a–g), state both the MACRS-GDS property class, if applicable, and the specific depreciation method to be used (e.g., 15-year property; 150 percent DBSLH).

Data from in problem 9.5

For each of the following assets, state whether the asset is tangible/intangible property, personal/real property, and depreciable/nondepreciable property. (9.2)

a. A cell phone tower

b. A tractor (part of tractor-trailer rig, an 18-wheeler)

c. A plot of land for your personal use

d. A copyright

e. A computer used in your job

f. An all-in-one copier, scanner, fax machine used in your business 

g. A Mooney viscometer used in a polymers lab 

h. A rental home for the purpose of generating rental income 

i. An electric generator purchased by a public utility