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General Landlording & Rental Properties

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Sam Leon
  • Investor
  • Fort Lauderdale, FL
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Major roofing project - tax questions

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted Dec 9 2014, 09:17

3 plex flat roof property has leaks on the inside, had a few roofers looked at it.

the scope of work involves:

1.Existing roof has many years of patching and patching and needs replacement, considering a tapered insulation system to give a bit of slope for rain runoff.

2.Many of the joists are rotted on their ends due to moisture damages and neglect, so a significant number of those need to be repaired by sistering a longer piece to tie it back tobwhere the members are solid.

3.Some plywood decks if rotted may need replacement, no telling now many until roofing membranes are torn off.

4.All wood fascia are to be replaced due to rot.

5.Repaint new fascia.

Am I correct that I should request two invoices two "jobs", item 1 is new roof to be depreciated, item 2-5 are repairs that may be expended one time?

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