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Updated about 10 years ago on . Most recent reply

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Sam Leon
  • Investor
  • Fort Lauderdale, FL
462
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Major roofing project - tax questions

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted

3 plex flat roof property has leaks on the inside, had a few roofers looked at it.

the scope of work involves:

1.Existing roof has many years of patching and patching and needs replacement, considering a tapered insulation system to give a bit of slope for rain runoff.

2.Many of the joists are rotted on their ends due to moisture damages and neglect, so a significant number of those need to be repaired by sistering a longer piece to tie it back tobwhere the members are solid.

3.Some plywood decks if rotted may need replacement, no telling now many until roofing membranes are torn off.

4.All wood fascia are to be replaced due to rot.

5.Repaint new fascia.

Am I correct that I should request two invoices two "jobs", item 1 is new roof to be depreciated, item 2-5 are repairs that may be expended one time?

Most Popular Reply

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Peter MacKercher
  • Residential Real Estate Broker
  • Saint Louis, MO
567
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1,568
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Peter MacKercher
  • Residential Real Estate Broker
  • Saint Louis, MO
Replied

I own a roofing company here in St Louis. Once you have the roof tore off you need to get it back on ASAP. I would Talk to a roofing company about doing all the work one bid. It should be just line items up charged depending on what is wrong.  You really can't see what your getting into all the way until the roof is tore off. We run into those problems all the time. Manly because people wait till the roof is leaking to call us out and that we deal with older homes a lot. 

If the roofing co does not have a good guy that is comfortable sistering joyeuses. You might want to find a better company. 

Also I suggest taking the days off or stopping by a lot when they're doing the job. Always best to keep an eye on things. 

Best of luck to you. 

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