Qualified Leasehold Improvement, Restaurant and Retail Property Matrices

Qualified Leasehold Improvement Property (QLHI)

Applicable PIS Dates
Recovery Period
Types of Improvements
Bonus Depr Eligible
3 Year Rule
10/23/04 - 12/31/04
15 Years / SL
Interior Only
Yes
Yes
1/1/05 - 12/31/07
15 Years / SL
Interior Only
No
Yes
1/1/08 - 12/31/09
15 Years / SL
Interior Only
Yes
Yes
1/1/10 - 12/31/11
15 Years / SL
Interior Only
Yes
Yes
1/1/12 – 12/31/13
15 Years / SL
Interior Only
Yes
Yes

 

Qualified Restaurant Property (QRP)

Applicable PIS Dates
Recovery Period
Types of Improvements
Bonus Depr Eligible
3 Year Rule
10/23/04 - 12/31/04
15 Years / SL
Interior Only
Yes
Yes
1/1/05 - 12/31/07
15 Years / SL
Interior Only
No
Yes
1/1/08 - 12/31/08
15 Years / SL
Interior Only
Yes
Yes
1/1/09 - 12/31/09
15 Years / SL
Interior Only
No
No
1/1/10 - 12/31/11
15 Years / SL
Interior Only
No
No
1/1/12 – 12/31/13
15 Years / SL
Building & Interior
No - Unless also QLHI
No

 

Qualified Retail Property (QRIP)

Applicable PIS Dates
Recovery Period
Types of Improvements
Bonus Depr Eligible
3 Year Rule
1/1/09 - 12/31/09
15 Years / SL
Interior Only
No - Unless also QLHI
Yes
1/1/10 - 12/31/11
15 Years / SL
Interior Only
No - Unless also QLHI
Yes
1/1/12 – 12/31/13
15 Years / SL
Interior Only
No - Unless also QLHI
Yes