Depreciating a New Roof on Home Office

Anonymous · ‎April 17, 2021

What amount can I depreciate on the cost of a new roof for my home office when insurance paid all but the $2,500 deductible? The entire roof on the house was replaced.

CatinaT1 · ‎April 20, 2021

The total cost you use is what you paid, so the $2500. This will be applied toward the percentage of home office vs entire house when calculating the home office deduction amount.

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CatinaT1 · ‎April 20, 2021

The total cost you use is what you paid, so the $2500. This will be applied toward the percentage of home office vs entire house when calculating the home office deduction amount.

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Depreciating a New Roof on Home Office