Is New Roof Tax Deductible: A Comprehensive Guide
![An individual wearing a hard hat stands in front of a house, holding a blueprint. The image implies construction and planning, with a mention of a tax deduction for a new roof.](https://www.paramountext.com/wp-content/uploads/2023/11/architect-1080589_1280-1024x682.jpg)
New roofs can be tax-deductible if they constitute what the IRS calls a capital improvement and are commercial or rental property. In other words, the roof replacement or repair should expand its lifespan and/or increase curb appeal. Of course, there are other reasons to upgrade. An old roof poses many dangers, from a lack of […]