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Level 1
December 21, 2022
Solved

Roof replacement

  • December 21, 2022
  • 1 reply
  • 14 views

Hello,

I replaced the roof on my rental property about 15 years ago and didn't finish depreciated the roof yet. Unfortunately, my roof started to sag and I had to put a new roof on and fixed the sagging areas on the roof. Am I able to depreciate what is left on the old roof with the new roof?

 

Thank you!

 

    Best answer by Anonymous_

    As a separate component it can be written off as having been scrapped (i.e., disposed of for $0).

    1 reply

    Level 15
    December 21, 2022

    As a separate component it can be written off as having been scrapped (i.e., disposed of for $0).