TAX ADVANTAGES
Did you know that roof maintenance systems are fully tax deductible as an operating expense? One of the key advantages of a restoration system over a new roof system is in how it is classified by the IRS. Restoration is classified as a maintenance, and in most cases it can be expensed in the accounting perdiod in which it is incurred. On the other hand, a new roof system is a capital asset that must be amortized over a 39 year life.
| ANNUAL |
| Repair Type |
Initial Cost |
Term |
Write-Off |
| Tear off/replace |
$100,000 |
39 yrs. |
$2,564 |
| Restoration |
$25,000 |
1 year |
$25,000 |
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