What restaurant improvements qualify as QIP?

Interior improvements to an existing non-residential building: kitchen equipment installations, interior remodeling, dining room renovations, HVAC within the building. Does not include building additions, elevators, or escalators.

What is the depreciation treatment for restaurant equipment?

Most restaurant equipment (ovens, refrigerators, dishwashers, POS systems) is 5-year or 7-year MACRS property. Combined with bonus depreciation (60% in 2024), most equipment can be substantially deducted in year one.

Can Section 179 apply to restaurant improvements?

Yes. QIP qualifies for Section 179 up to the $1,220,000 limit and cannot exceed taxable income. Bonus depreciation has no income limit. Restaurants often use Section 179 first, then bonus depreciation for remaining basis.

Restaurant QIP Depreciation Calculator

Calculate qualified improvement property (QIP) depreciation for restaurants, bars, and food service establishments. Interior improvements qualify for 15-year MACRS and 60% bonus depreciation in 2024.

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$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate qualified improvement property (QIP) depreciation for restaurants, bars, and food service establishments. Interior improvements qualify for 15-year MACRS and 60% bonus depreciation in 2024. Use the restaurant qip result to inform your calculation.

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Restaurant QIP Depreciation Calculator

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Frequently Asked Questions

What restaurant improvements qualify as QIP?

What is the depreciation treatment for restaurant equipment?

Can Section 179 apply to restaurant improvements?