Connect with us

Hi, what are you looking for?

Home Improvement

How You Can Get Tax Deductions for Commercial Roofing Repairs and Maintenance Expenses

It doesn’t matter if you are the sole owner of a commercial property, a large corporation that owns dozens of commercial properties or a rental property owner, you can get tax deductions for repairs and maintenance done on your property, even if you get commercial or industrial roofing repairs.

Starting from 2014, the IRS introduced new regulations that tightened up the laws governing repairs and maintenance such that expenses are deducted for commercial properties. Specifically, if a repair makes the property better, restores it back to its original condition, or customizes it for different use, then the expense becomes eligible to be capitalized and deprecated over several years.

For other repairs that don’t better, restore or adapt property for other purposes, they can be deducted fully in the same year that the expense was incurred.

Here’s all you need to know about tax kickbacks before you start repairing the roof on your commercial property.

In a Nutshell

No one said it better than Steve Nelson – “If you repair stuff, you can deduct it”. The certified public accountant is a leading voice on deductible repair expenses and writes regularly for Evergreen Small Business blog. You can check out his guideline on how to prepare Form 3115 in accordance with the new Tangible Property Regulations where he talks about the deductions in detail.

In a nutshell, however, Nelson says that bettering, restoring or adapting a piece of property doesn’t get you tax kickback. The new rules mean that the expense will be capitalized then deprecated unless the amounts involved are trivial.

Routine Maintenance and Repairs Can be Deducted Off-Hand

The IRS stipulates that you can deduct amounts paid for maintenance and repairs to tangible property of the amounts are not set apart to be capitalized. Therefore, if an expense doesn’t require to be capitalized, then you can deduct it right away.

The IRS provides further clarity by stating that you can deduct repair expenses that went to make sure your property operated in a normal and efficient way. However, the repairs should not increase the value of the property. That’s the catch. If you’re doing repairs on your roof to stop the roof from leaking, then you can certainly deduct the expense off-hand. Of course, you still have to show records of the repair to prove that it did not increase the value of your property, so make sure you work with a professional company such as PRC Roofing Company here in Houston.

About the Author

Isabella Rossellinee is a senior roof inspector at PRCRoofing Company, a leading name in commercial roofing in Houston, Texas. Isabella has been in the roofing industry for more than 5 years and regularly contributes to industry journals and websites.

Written By

Isabella Rossellini is a writer and writes her own blogs. She wrote many articles on fashion, beauty, food, technology, education etc.



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like


Well, business in all forms is not at all easy to run, whether it’s a small sized firm or a large scale enterprise. Especially,...

Home Improvement

Your roof is one of the most expensive parts of your house to repair if significant damage happens. The average person is now becoming...

Digital Marketing

If you want to make your business grow, you need to master digital tools. The world is relying on technology, social media, and digital...

Small Business

It’s true that hiring top talent for any type of business is hard. Keep in mind that finding strong people for a startup that...