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Deductions & credits
You are correct. No professional roofer is trying to define IRS terms here. I was saying the roofer sees it as a repair and in fact in need of repair due to the improper install. He said every nail has to be replaced to fix the problem that's causing the leaks. And he said had the roof been built to code, there'd be no problem.
Forget the roof. I read that costs to bring the home to code is deductible as a repair. Is that true? There are other parts of the house that aren't to code.
As for the roof, there is likely no case in court holding water for it being a repair. But somewhere in my heart I reserve that it's a repair, even in IRS terms, unless costs to bring the property to code aren't deductible. 🙂
‎September 2, 2019
5:53 PM