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New Roof in 2021-Asset or Home Repair?
I had originally put in my new roof cost as a home repair for my home business and got a nice refund amount for it.
Then I was told the roof should be put in Assets for depreciation but when I did, I lost that big chunk and instead got $3 back.
Is Assets really where I should be putting this and not in repairs?
Is there a long game here?
Topics:
‎February 7, 2022
2:28 PM