Commercial Roofing Improvements Are Now 100% Tax Deductible

Commercial Roofing Tax Deduction

Good News!

Qualified taxpayers can immediately expense 100% of the cost of commercial roof improvements, including re-roofing in 2018, rather than depreciating over 39 years.

Section 179

The newly expanded Section 179 of the tax code offers a rare opportunity for San Francisco Bay Area commercial property owners to improve their buildings and fully deduct the cost this year.  

Increased Deduction

Section 179 also increases the maximum amount that may be immediately deducted from $500,000 to $1 million and increases the phase-out threshold from $2 million to $2.5 million. These new limits may be effective for qualifying property beginning after December 31, 2017 and will be adjusted for inflation following 2018.

Act Now

It is important to note that all roof improvements must be installed before January 1, 2019 to qualify for a deduction in 2018. For more information, please contact Wedge Roofing for commercial roofing services in Marin County, San Francisco, Sonoma County and Napa.

Section 179 Commercial Roof Tax Deduction Details

  • Eligible taxpayers can fully deduct the cost of commercial roofing in 2018.
  • Maximum deduction increased from $500,000 to $1 million.
  • The phase-out threshold increased from $2 million to $2.5 million. 
  • Commercial roof improvements must be completed by December 31, 2017.
  • Eligible roofs include commercial spray foam roofs, single-ply roofing systems, composition shingles, metal roofing, and tile roofs.
  • Please consult your tax accountant or the I.R.S. to determine if your property qualifies. 

Infographic Credit: Firestone Commercial Roofs