The Tax and Financial Benefit of Commercial Roof Restoration


24/7 Emergency Roof Response

Request An Estimate

Commercial Roofing Blog

Kirberg Company is the premiere commercial and residential roofing company. We opened our first office nearly 100 years ago and are still proudly serving the Midwest, as well as, the entire nation.

Request A Free Estimate

The Tax and Financial Benefit of Commercial Roof Restoration

The Tax and Financial Benefit of Commercial Roof Restoration

If you are an owner or property manager of a commercial property, then you understand the value of dealing with problems early before they become bigger issues. Your roof is one of your most important commitments.

Not only do you gain peace of mind from handling your roofing problems quickly, but you can also take advantage of the many financial benefits. You will save money in both the short term and long term. Here are just a few of the advantages that you can expect with commercial roof restoration.

Restoration Saves You Money

You should always look to restore any commercial roof which is dilapidated or damaged. The alternative to restoration is roof replacement, which can get very expensive quickly. If you choose to remove and replace the roof on your building, or must as a result of neglect, this will clearly require much more work and materials than restoring it would, leading to the higher cost.

To give a general example, restoration costs around nine dollars per square foot, while installing a completely new roof costs around twenty-two dollars per square foot. This is a significant savings even if you do not consider all the ancillary costs of completely replacing a roof.

Restoration Extends the Life of Your Building

If you completely replace your roof, you can expect it to last around 20 years. This may seem like a long time until you recognize you can achieve approximately the same amount of durability from a restoration. When you consider the cost savings of a restoration, you are basically getting twice the roof for the same amount of money.

Restoration of a commercial roof can add anywhere from 10 to 15 years to the life of your roof, not to mention the rest of the building. Putting off restoring your roof can lead to damage to other aspects of the commercial building. If you wait until you must replace the roof, you may have to replace other components of the building to provide optimum performance.

Restoration is Going Green

Aside from saving money and extending the lifespan of your roofing, you’ll be helping the environment by restoring, rather than replacing, your commercial roof. The waste that comes from commercial roofing fills up landfills in the United States at an alarming rate. This is even more frightening when you consider there is no need for half of these replacements.

Furthermore, you may be able to create an additional cost savings for yourself by using recycled materials. Contrary to widespread belief, recycled materials usually cost less for a restoration then new materials costs for a complete replacement. Because many of the materials used recycled roofs come from finished sources, therefore, the company supplying materials saves money on delivery as well as on production. If you find the right company, they will pass the savings along to you.

Restoration Helps You on Tax Day

One of the biggest advantages of roof restoration is the benefits which you receive on Tax Day. Commercial roof replacement is considered, by the government, to be a capital expense. This type of expense does not allow you to take away the same kind of depreciation which would reduce your taxable income.

On the other hand, commercial roof restoration is considered, by the government, maintenance on your building. You will receive more years of depreciation on a roof, allowing you to take more total monies off your taxable income. You also get to choose how you take this depreciation, giving you another avenue of cost savings.

Because taxes can be complicated, it is important to note the details about how you can receive tax benefits from a restoration as opposed to a complete commercial roof replacement. The real advantages began in 2014, when the IRS brought in new regulations that further defined maintenance and repairs.

In short, if roof repairs are conducted on a commercial building, that repair is usually allowed as a deduction by the Internal Revenue Service. Furthermore, the routine repairs and monthly maintenance that are recommended on commercial roofing can be deducted as well. Although you may not want to go through the hassle of dealing with monthly maintenance, the cost usually ends up being much less than the upfront cost for a full replacement.

It is also very difficult to deduct a roof replacement from your taxes. Since it is the first year of service life, there is usually not much depreciation which can be taken off taxes. You are also eliminating the old depreciation which may have accumulated on the old roof. Consult your accountant to discuss the advantages of roof work for tax benefits.

The above benefits are only a few of the ways you can take advantage of commercial roof restoration rather than replacement. Unless you see no other option, you will save a great deal of money by opting for a restoration instead of a full replacement. Do not be fooled into thinking you need a new roof to look new, either. Kirberg Company can give you a roof that looks as though you have completely restored it to a modern style.

We opened our first office nearly 100 years ago and are still proudly serving the entire nation. With nearly a century of experience, we can handle any problem, question, or project you may have.  If you have any questions or concerns regarding maintaining, repairing, or replacing your commercial roof, please feel free to contact us anytime. We are available 24/7 at 1-866-547-2374.


Topics: Commercial, Tax Benefits, Property Managers, Roof Restoration