Method 14, ACRS Alternate Real Property

You can use this depreciation method to recover costs by using a straight-line method over the regular recovery period or a longer recovery period. You must make this election on the tax return for the year that you placed the property in service. The ACRS straight-line depreciation tables contain the annual percentage depreciation rates. The rates are applied to the unadjusted basis of property in each tax year.

You must indicate the current year-to-date method of computation with the ACRS Alternate Real Property depreciation method.