Component depreciation involves dividing real estate improvements into various components like plumbing, electrical systems, and building shells, and depreciating each component separately for tax purposes. Component depreciation was eliminated by the 1981 Tax Act for any properties purchased after 1980.

Related information about component depreciation:

1. Component Depreciation: Definition from Answers.com
   An effort to depreciate a property based on the lives of individual assets within it. For example, a build- ing has electrical components and plumbing.
    
2. What is component depreciation? - BusinessDictionary.com
   Definition of component depreciation: Method in which the parts or sections of a property are individually depreciated at different rates.
    
3. What is component depreciation? - InvestorWords.com
   Definition of component depreciation: Component depreciation involves dividing real ... Component depreciation was eliminated by the 1981 Tax Act for any ...
    
4. component depreciation - Financial Dictionary - The Free Dictionary
   A former practice of separating a building into its various components—walls,roof ,etc.—and then depreciating each component separately,some more rapidly ...
    
5. Fixed Assets Building Component Depreciation Policy | Oregon ...
   The following policy provides for the consistent application of building component depreciation and serves as a reference for answering questions relating to ...
    
6. component depreciation - Business Definition
   component depreciation definition: Depreciation of the individual components ... Component depreciation recognizes that an asset has individual parts that each ...
    
7. Component Depreciation is Not the Same As Cost Segregation is ...
   Tax Reductions - Cost segregation is different, and more complete, than component depreciation in providing tax reductions.
    
8. Depreciation in an IFRS Environment - Edison Electric Institute
   will be explained, and how it relates to the broad requirement of component depreciation as described in IAS 16. It will be necessary to demonstrate the group ...