General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Replace roof now or after first of year?
I'm about to close on my first house and the roof needs work. Assuming the roof is passable until spring, I'm wondering if i'm better off waiting until the new year to do the roof to maximize the deduction. This year I'll only have a couple months rent on it ~$2500. Or does it not really matter because the roof job needs to be depreciated anyway.
Thanks in advance!