Tag: capital improvement

  • Is Roof Replacement a Capital Improvement? Understanding the Financial Implications

    Is Roof Replacement a Capital Improvement? Understanding the Financial Implications

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    When considering a roof replacement, it’s important to understand how this significant expense affects your finances, particularly from a tax perspective. One of the key questions homeowners and property managers often ask is, “Is roof replacement a capital improvement?” This article will explore the definition of capital improvements, how roof replacement fits into this category,…