A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints) is placed in service on July 10 by a calendar-year taxpayer for $360,000. It is sold almost 5 years later on May 15. Click here to access the MACRS-GDS Property Classes Parta X Your answer is incorrect What is the MACRS GDS property class? S-Year Property Attempts: 3 of 3 used A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints) is placed in service on July 10 by a calendar-year taxpayer for $360,000. It is sold almost 5 years later on May 15. Click here to access the MACRS-GDS Property Classes Parta X Your answer is incorrect What is the MACRS GDS property class? S-Year Property Attempts: 3 of 3 used