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Look, it's real simple. You would have a hard time renting the house as a NON HEATED home. Since you replaced the heating system, it NOT an improvement, it is a CAPITAL EXPENDITURE and needs to be added to the basis of the home; i.e 27.5 years depreciation. I believe the IRS is correct in that a roof is NOT an expense for the current year. It shopuld be depreciated over the normal 27.5 years.

Come on, a house without a roof? It's not a house. It's a coupla walls.

DO NOT get caught up in trying to shift as much as you can to current EXPENSES and shorter term depreciation schedules.

Be consistant, and reasonable.

cat

(BTW, I do not work for the IRS, I do vote and think the tax code is farcical and confusiing - to say the least!!)
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