Under the current Modified Accelerated Cost Recovery System (MACRS) for tangible business assets, what is the recovery period for non-residential real property such as an office building, a hotel, factories, data centers and/or warehouses? 27.5 years using a half-year convention. 27.5 years using a mid-month convention. 39 years using a half-year convention. 39 years using a mid-month convention. None of the above