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Roof Replacement

I operate a small business in a home, and I would like to know if I can deduct the cost of replacing roof shingles for the entire house under "Repairs and Maintenance."

 

The insurance paid 100% of the cost, but I'm unsure if I should try to recoup the costs anyway.

 

TIA

Mark

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Accepted Solutions
MinhT1
Expert Alumni

Roof Replacement

If the insurance paid 100% of the repairs, there is no out-of-pocket expenditure from you, and you cannot claim this cost anywhere.

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1 Reply
MinhT1
Expert Alumni

Roof Replacement

If the insurance paid 100% of the repairs, there is no out-of-pocket expenditure from you, and you cannot claim this cost anywhere.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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