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Old 02-25-2012, 09:55 AM
tk1088's Avatar
tk1088 tk1088 is offline
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Join Date: Feb 2012
Location: Missouri
Posts: 2
Default Home repairs covered by insurance

Hi... This is my second year as a homedaycare provider.
For tax purposes, how do I depreciate my home if we had a new roof installed this year and claim it on our homeowners insurance. Do I take the total bill or just my deductible?
Thank you!!
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deduction - home improvement, missouri

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