Hey I like that! Definitely going to use it too! I do have one thing though.
include expenses for fixing a pre-existing defect or condition,
I can see how someone can quite easily confuse that with a repair, such as replacing a broken doorknob. (like I just did.) Is there another way to word that maybe, so as to remove (or at least significantly reduce) doubt on that? Just the word "fix" kinda seems synonymous with the word "repair" and is actually interchangeable in that statement as worded. I think that's because the "pre-existing" part doesn't specify something that was pre-existing at the time of acquisition, or at the time placed in service. I myself am not really sure in what context (for lack of a better word) that "pre-existing" is being used here. (I'm finding it really hard to explain this mental issue I'm having with it.)
