My building has three rentals. Tuckpointing it (remove & replace exterior wall rotting bricks & mortar). $4500 total -- 75% rental, so $3375. Repair or cap expense?
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1 Best answer
MichaelMc
New Member
Jun 6, 2019 3:53:47 AM
I would advise that tuckpointing an exterior brick wall is a periodic maintenance requirement and should be expensed as a repair.
1 Replies
MichaelMc
New Member
Jun 6, 2019 3:53:47 AM
I would advise that tuckpointing an exterior brick wall is a periodic maintenance requirement and should be expensed as a repair.