Yes, if it makes the area being leased more productive or condusive to your needs.
it is considered a leasehold improvement.
no
No, is considered a fixture.
Yes, shelving can be considered a leasehold improvement if it is installed in a leased space and enhances the functionality or value of the property. Leasehold improvements are modifications made to a rental property to suit the needs of the tenant, and shelving typically falls into this category. However, if the shelving is removable or not permanently affixed, it may not qualify as a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
it is considered a leasehold improvement.
no
No, is considered a fixture.
They can be, yes.
Yes, if it makes the area being leased more productive or condusive to your needs.
It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.
Depends on the terms of your lease.
Yes, shelving can be considered a leasehold improvement if it is installed in a leased space and enhances the functionality or value of the property. Leasehold improvements are modifications made to a rental property to suit the needs of the tenant, and shelving typically falls into this category. However, if the shelving is removable or not permanently affixed, it may not qualify as a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
Painting can be considered as repairs and maintenance as it is part of maintaining the property.
no, desks would not be considered a leasehold improvement. You are able to remove these items (take them with you when you go) *****They desk is considered furniture and fixtures and should be depreciated over 7 years, unless you elect to take advantage of section 179.
NO !