Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago, 09/09/2024

User Stats

60
Posts
15
Votes
Jane Dang
  • Fremont, CA
15
Votes |
60
Posts

Roof Replacement on Rental Property

Jane Dang
  • Fremont, CA
Posted

Hi,

My rental property's roof is 20+ years old.  Last year, a heavy rain and storm damaged it and I had to replace the entire roof which costed me $21K.  I understand that a roof repairs can be deducted as expense in the same year and a roof replacement needs to be depreciated over 27.5 years.  But how can we draw a line between repairs and replacement? Is it the repair is to fix the it and make it functioning, and replacement is to improve and add more value to it?  Will my case consider a repair or replacement? Appreciate if anyone have experience in this giving me your advice.

Thanks,

Jane

Loading replies...