Industry News




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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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


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.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

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.
CLICK HERE to find out how.


 
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