I operate a small business in a home, and I would like to know if I can deduct the cost of replacing roof shingles for the entire house under "Repairs and Maintenance."
The insurance paid 100% of the cost, but I'm unsure if I should try to recoup the costs anyway.
TIA
Mark
If the insurance paid 100% of the repairs, there is no out-of-pocket expenditure from you, and you cannot claim this cost anywhere.
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