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No, that is a capital improvement. There is not a credit available for it, however, if you ever sell your house the cost of the roof replacement will be added to the cost of your home to decrease your gross profit on the sale of your home.
No, that is a capital improvement. There is not a credit available for it, however, if you ever sell your house the cost of the roof replacement will be added to the cost of your home to decrease your gross profit on the sale of your home.
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