ITG FAQ #2 Answer-What is considered to be qualified property?

 

Property which is used predominately in the active conduct of a trade or business within an Indian Reservation and is 3-, 5-, 7-, 10-, 15-, and 20-year property and nonresidential real property is considered to be qualified property.

Real property you rent to others that is located on an Indian reservation is also eligible for the shorter recovery periods.

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