If you know your commercial roof needs work, the smartest time for you to schedule it is right now! By paying for roof repair or roof restoration from J. Smucker Contracting before December 31, 2018, you save money in 2 crucial ways:
- You’ll likely be able to write the expense off on your 2018 taxes.
- You’ll buy ahead of an industry-wide commercial roofing material price increase beginning in 2019.
Writing Off Roof Repair on Your Taxes
Good news: the roof repairs and restorations that are a specialty of J. Smucker Contracting are often able to be written off as a business expense on your yearly taxes. While you should always consult with your tax accountant, the majority of our customers are able to count roof maintenance and roof refreshes as a yearly business expense, not a capital expenditure. However, a brand new roof is considered a capital expenditure and is depreciated over several years, not deducted all at once.
If you’ve had a good year revenue-wise in 2018, it absolutely makes sense to have your roofing needs addressed BEFORE the end of the year. While it is too late in the season to apply any coatings, we can replace or repair roofs year around. You’ll need to have the service done eventually to prolong your roof’s lifespan, but if you do it in 2018, your ultimate out-of-pocket expenses will be less — thanks to the tax deduction.
In addition, smaller scale roof repairs are also an immediate expenditure and are able to be counted as a tax write-off in 2018.
Learn about the 5 most common roofing repairs.
Avoiding the Roofing Material Price Increase
If you have a quote — or get a quote in 2018 — from J. Smucker Contracting, that’ll be the best price you can hope to get. And it expires at the end of the year.
In 2019, across the industry, most roofing companies and suppliers will be raising their prices between 5% to 8% to deal with rising material costs.
In addition to the tax incentives, if you sign now, you get your roof work at 2018 prices, not 2019 prices. While J. Smucker Contracting will ALWAYS be competitively priced, this is your chance for our best price. Schedule now to save 5% to 8% — which can be a significant amount on a large-scale repair or restoration job.
Schedule Now or Get Your Free Commercial Roofing Quote
Whether your business had a strong year and could use all of the deductions possible, or you have some high dollar work pending, now is the time to have the roof work you’ve been needing all taken care of. Call us to let us know if you are ready to accept your quote and move ahead with your work.
However, if you know you need work and don’t have a quote yet, contact us immediately to schedule your inspection and estimate. You may still be able to enjoy the tax benefits and savings in 2018. Finally, if you have any questions, contact us for a conversation about your roof or why this is the best time to save on the roof work you need.