Depending on whether the air conditioner is a "central operating unit" or if it is a "stand alone unit". The stand alone is an equipment purchase whereas a "central" is now part of the building.
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
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 !
no
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
yes
Yes
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.
There are many websites in which one could find information about a leasehold improvement. Some of these websites include investopedia and businessdictionary.
They can be, yes.
It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.