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Do Code Violation Fixes on Rental Properties Count as Repairs?
Hello,
The roof of my rental property was not installed to the codes of the county. I've read that expenses to bring rental properties to code are considered repairs and not improvements:
https://www.rentprep.com/landlord-tips/rental-property-deductions/
To bring the roof to code would mean a full replacement of the roof. However, that seems to be at odds with the general consensus that roof replacements are improvements and not repairs.
Would my above scenario be an exception and the roof replacement be a repair and thus count against my rental income?
Please do not answer with a mere "yes" or "no". I need a solid case for either before coming to a decision as to whether this should go down as a repair on my Schedule E. If the answer is "yes", are there legal avenues to ensure the IRS is fully aware of this exception so it does not reek of suspicion on my Schedule E? I don't want to be a magnet for an audit by writing this large sum as a repair, even if it's legitimate and legally sound.
Thank you so much,
Aaron