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Showing posts from May, 2014

Hail storm slams through parts of US 380

When it’s spring in Texas, which usually means we have several chances to experience powerful thunderstorms that can drop damaging hail and spawn tornadoes. Round One occurred on the night of April 3, as large storms struck Denton, Aubrey, Little Elm, Frisco, Prosper, Celina, McKinney, Plano and several other areas. If you were a victim of hail damage to your home, it’s essential that you  get your roof checked asquickly as possible  to see if it needs to be repaired or replaced. Storms SLAM parts along U.S. 380 At least three damaging storms struck along largely the same route, traveling across U.S. 380. Windshields were broken out by the hundreds in Denton as softball-sized hail peppered the city. However, residents of Denton and other areas that were similarly hit had to remain indoors because they were under tornado warnings as well. A twister   touched down in Farmersville. Luckily, damage was minor and no injuries had been reported – although officials said it ...

Roofing expenditures are they deductible repairs or a capital expenditure?

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Since the inception of the Internal Revenue Code, the IRS and rural building businesses have been at odds over whether expenditures are deductible repairs or a capital expenditure. Now, after seven years of drafts and proposed rules, the IRS has issued final regulations addressing whether costs are currently deductible or whether they must be capitalized and recovered through depreciation over time. www.roofingprotx.com The IRS has also released a long-awaited Revenue Procedure that details the procedures for obtaining the “automatic” consent of the IRS to change accounting methods as required by the new repair regulations. The IRS’s newly released regulations provide guidance on a number of difficult questions, such as whether replacing a component of a building is a current deduction or whether it must be depreciated over 39 years. Expenditures that restore property to its operating state are, according to the IRS a deductible repair. However, expenditures that provide a more permane...

Commercial Roofing 855-631ROOF (Roofing Professionals of Texas)

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Our customer’s receive consistent service from start to finish. We do our best to leave the stress out of the equation. Helping and assisting homeowners through the whole process with customer satisfaction above the rest. The final invoice isn't paid until customer is satisfied. With decades of experience our crews are checked on and project inspected during the project and when the job is completed.  Areas we commonly address are: New construction Re- Roofing Retro-Fitting Roof Analysis Roof Repair Emergency RoofRepair (24 /7) Roof Design Roof Management Systems Roof Maintenance Sheet Metal, Fabrication & Installation Architectural Metal, Fabrication & Installation Green Roofs Energy Conservation Ideas With the arrival of a new year, it is time to evaluate those roofing issues that have recently changed, as well as those that reflect long-term stability and durability. www.roofingprotx.com How Much Insulation is Enough? Recent studies suggests an a systematic approach ...

Commercial Roofing Division

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Roofing professional focused on quality. Our Commercial Roofing Division forms long-term account relationships by providing exceptional service that makes doing business with us easy and satisfying. After identifying your roofing needs, a sound, property specific plan will be created and triggered into action while concentrating on minimizing your properties maintenance expense, maximizing applicable deductions possibly due to you by choosing a certain type of roofing system and benefits along with amortization options backed with our 24 hour on call roofing system management services plan to meet your businesses needs.  855-631-ROOF Our Commercial Roofing Division employs personal problem-solvers in roofing and waterproofing. Commercial Roofing Division North Texas Residential Roofing 817-605-ROOF Our field of focus is tenant build outs, renovations, retro fitting systems, No Dollar Limit warranties, limited lifetime warranties on labor, providing roofing and waterp...