05/19/2005

NRCA Urges Congress to Amend Depreciation for Commercial Roof Systems

Association suggests reducing the depreciation period from 39 to 20 years

Contributors: James Earl  
 

The Rosemont, IL-based National Roofing Contractors Association (NRCA) has recently issued a position paper about the depreciation of commercial roof systems. The association is urging Congress to amend Section 168 of the Internal Revenue Code to allow building owners to depreciate roof systems over 20 years, vs. the 39-year-period currently mandated.

According to the NRCA, “This long recovery period discourages building owners from making necessary repairs to old roof systems, which are less energy-efficient than new or retrofitted roof systems.” Energy conservation, job creation, and tax relief are cited by the NRCA as expected results of a reduced depreciation cycle.

To review position paper titled New Depreciation Schedule for Commercial Roofs, visit (www.nrca.net/rp/government/position/0505_depreciation.aspx).

 

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Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

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Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
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Mitsubishi Electric’s H2i R2-Series heat pumps provide 100% heating capacity down to 0° F and simultaneous heating and cooling down to -4° F delivering year-round comfort, regardless of climate zone.

 
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