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How to recover the remaining depreciation of a replaced roof not fully depreciated
Installed new roof on rental property on 07/1996 and started to depreciate it using 27.5 year straight line method as dictated by IRS. That roof failed and had to install a new roof on 06/2016. Will depreciated new roof using same method. But how do I recover the depreciation from the roof that was replaced (07/1996) and not fully depreciated?
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‎June 4, 2019
6:09 PM