Radant1
New Member

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.