Which of the following is NOT considered listed property?

Listed property refers to certain types of property that, when used for business purposes, have specific tax implications and limitations. This primarily includes items that are used for both business and personal reasons, making it essential for taxpayers to keep detailed records of their use.

Passenger automobiles, recreational vehicles, and computers are all examples of listed property. These items are commonly used in business settings but can also have significant personal usage. Therefore, the IRS has special rules regarding their depreciation and how expenses related to their business use must be documented.

Commercial real estate, on the other hand, is categorized differently. It generally refers to properties used for business purposes, such as offices, retail spaces, or industrial buildings, but it does not fall under the specific classification of listed property. The different treatment is because commercial real estate typically involves investments in structures rather than assets that have dual-use functionalities like the other options. This distinction is crucial as it reflects the different tax treatment and documentation requirements for depreciation and expense deductions.