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Microfit Solar panels repair expense
Hi I already have my Microfit panels already set up as a business. In 2021 I had to have them reinstalled and some repair work performed, in part to replace my shingles, but also had squirrel damage. I am confused as to whether I should be claiming this as a capital expense. It was several thousand dollars(without the roofing cost). For now I put the amount under repair and maintenance which has given me a negative number for 2021.
‎July 1, 2022
6:05 PM