As a building owner it’s important to know whether or not you can use the cost of the roof (from a new commercial roof installation or roof repair) as a tax deduction. A variety of factors play a part.
How much you can write off depends on when you purchased your roof, as well as how much it improved the commercial building’s thermal efficiency. Let’s dig a little deeper and find out what you need to know in order to determine if your commercial roof depreciation can be a tax benefit (and how you can use government programs to cut your total installation cost).