Finding the right commercial roofer can be difficult. There are countless companies to choose from, and it can be tricky to figure out who will be best for your building. However, there are resources available to help you select a reputable roofing company and some questions you can ask to guide your decision.
I realize you're not a tax expert. And I know that taxes is not exactly the most interesting topic in the world. But if you're buying a new roof then it's very important that you know about the IRS Section 179 deduction. Why? For two big reasons.
By Gene Marks
A built up roof system is a popular choice for buildings with low-slope or flat roofs. Often referred to by the acronym BUR, this system has been used for 100-plus years in the U.S. What makes BUR systems so popular? They are known for providing excellent protection due to their redundant nature because they are made up of multiple layers of ply sheets and asphalt. These layers are then topped off by a cap sheet or a flood coat of asphalt and granules. The multiple plies provide resistance to weather and heavy-duty protection for the building.
I know, taxes are boring. But let's face it: for many property management businesses – both big and small – our tax bill represents one of our most significant expenses. The smartest executives I know don't make their decisions solely based on taxes. But they do take into consideration the tax effect of any significant investment or expenditure before making them.
By Gene Marks