What is the depreciable life of a trade booth?

The depreciable life of a trade booth is typically classified under commercial property and can range from 5 to 15 years, depending on the specific components and the accounting policies of the business. Generally, the booth's structure and installation may be depreciated over a longer life, while movable components or technology may have shorter lives. Businesses should consult with an accountant to determine the appropriate depreciation schedule based on their specific circumstances.