Depreciating a New Roof on Home Office

Forum|Forum|5 years ago
April 17, 2021
1 reply
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What amount can I depreciate on the cost of a new roof for my home office when insurance paid all but the $2,500 deductible? The entire roof on the house was replaced.

Best answer by CatinaT1

The total cost you use is what you paid, so the $2500. This will be applied toward the percentage of home office vs entire house when calculating the home office deduction amount.

CatinaT1Answer

The total cost you use is what you paid, so the $2500. This will be applied toward the percentage of home office vs entire house when calculating the home office deduction amount.

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