You can deduct the cost of labor and parts to maintain or repair your business assets, as long as the expense doesn’t prolong the useful life of the asset or increase the value of the asset.Tangible Property Repair Expenses That Are Deductible:Replacement of LightingRoof repairsResurfaced external or interior floorsResurfaced parking lotsInterior or exterior paintingReplacement of doors and windowsRekey locks

Exterior could be the issue, but everything interior should be fine.

So far, I've replaced the roof and siding, and painted the interior.

Was wondering if anyone had any good recommendations for the following: General Contracting Interior Designing Any info would be incredible!

Interior Stairs29.

@Peter C. yes we do quarterly interior inspections.

I would like to know what others here in the DFW area are currently paying for exterior and interior concrete piers.

   $30/sqft for cosmetic interior reno

Review the comps, the location and the interiors compared to your property.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.