Worried about the cost of replacing your Twin Cities flat roof? Did you know you could deduct the expense on your taxes if it’s a commercial roof replacement?
Under the tax code, business property expenditures are deductible. But, the government in 2008 gave property owners a little more reason to fix or repair their flat roof, as there were tax incentives for upgrading buildings. One of these incentives was encouraging property owners to replace the old asphalt shingles with new, energy-efficient roofing, like flat metal roofs.
Metal roofs decrease cooling energy in homes or businesses by reflecting rays instead of absorbing them. This helps to lessen smog and air pollution. If you choose an Energy Star qualified roof, you can receive a credit of up to 10% to 30% of the cost of the total cost.
If you have questions about whether your Minnesota
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