View the business-use assets. View the MACRS half-year convention rates. View the MACRS mid-quarter convention rates for property_placed in service in the first quarter. View the MACRS mid-quarter convention rates for property_placed in service in the fourth quarter. View the MACRS straight-line rates for 39-year property. Read the requirements. Business-Use Assets - Truck (light-duty, modified non-personal use) costing $28,000 : Placed in service on March 3, 2022 with a 5-year MACRS recovery period. - Machinery costing \$95,000: Placed in service on November 15, 2022 with a 7-year MACRS recovery period. - Land costing \$65,000: Placed in service on October 12, 2022. - Building costing $250,000 : Placed in service on December 4,2022 with a 39-year MACRS recovery period