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Roof Replacement Depreciation
Hi
i just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
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Natalie Kolodij
Tax & Financial Services
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You can only depreicate what you actually paid.
Kolodij Tax & Consulting


