Search results

Hi all thanks for the responses. I haven't had a chance to read through the links yet but I will get to them. The roof is probably 25 yrs old. The problem is that the roof (circa 1940 installation) was never removed so capillary action between the two surfaces has caused significant rust. I've...

I have an old rusty roof on an IP that is currently leaking internally in a number of spots. The whole roof needs replacing according to a couple of roofers I've had out there. Can I deduct this cost or does it have to be depreciated? My understanding is that a small repair can be deducted but...