- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I had a new roof put on my house in 2016. It cost $6200. Can i write the cost, or any portion of the cost off on my taxes this year?
Topics:
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I had a new roof put on my house in 2016. It cost $6200. Can i write the cost, or any portion of the cost off on my taxes this year?
No you can't deduct the cost of a roof on your personal residence.
If it is a rental house, then it gets capitalized and is depreciated.
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I had a new roof put on my house in 2016. It cost $6200. Can i write the cost, or any portion of the cost off on my taxes this year?
No you can't deduct the cost of a roof on your personal residence.
If it is a rental house, then it gets capitalized and is depreciated.
Still have questions?
Make a post
Or browse the Forums