The new tax reform bill is passing along savings to commercial building owners who make qualified real estate improvements to their properties. Formerly, commercial building owners were only allowed to expense improvements made to the interior of their buildings. Recently the new tax reform bill put into effect in 2018 allows expensing of improvements to the structural and exterior portions of non-residential buildings including roofs, HVAC systems, fire protection, alarm systems and security systems.
According to Toni Nitti, a Forbes.com contributor, “The Section 179 limitation will be increased to $1,000,000 for tax years beginning after 2017, with the phase-out beginning at $2,500,000 of qualifying assets placed in service.” To read more of Toni’s in-depth article on the tax reform click here.
School re-roofing project in Ohio
Division 7 Roofing does not have a residential division. We focus on low-slope commercial single-ply roofs. Although that is our focus, Division 7 Roofing does repair and do preventive maintenance on commercial low-sloping and sloped commercial shingle roofs. At times Division 7 Roofing does refer work out to other residential roofing contractors if we find that we would not be the best contractor for the job. However, we are always willing to come out and look at your roof and give our professional opinion.
Division 7 Roofing has been in business since 1979. We are the oldest and most trusted commercial roofing contractor in central Ohio.
Division 7 Roofing is part of National Roofing Contractors Association(NRCA), Ohio Roofing Contractors Association (ORCA, Midwest Roofing Contractors Association (MRCA), National Women IN Roofing (NWIR), Building Owners and Managers Association (BOMA), International Facility Management Association (IFMA)
We are certified through all of the major material manufacturers including: Firestone, GAF, Carlisle, Johns-Manville, Sika-Sarnafil and Garland.
There are many commercial roofing contractors out there and you want to be sure you are working with a qualified and knowledgeable roofing contractor. Ensure your roofing contractor has a good reputation in the industry and understand which manufacturer’s material are they licensed to install? There are many different materials out there and they are tiered. Top commercial roofing material manufacturers are Firestone, GAF, Carlisle, Johns-Manville, Sika-Sarnafil, Garland and Dow. How many of these is your commercial roofing contractor licenses to install and repair? Ask for a reference list. A good contractor will have a good reference list of companies they have worked for and should be willing to share that information. Contractors are always proud of the work that they do. Look on a company’s website and find pictures of projects they have completed. Your roofing contractor should be in professional associations. Professional associations give contractors access to updated safety trainings, industry updates and standards, awards and recognition.
Preventive maintenance is strongly suggested by roofing manufacturers. Generally roofing warranties are 10, 15, 25 or 30 years. If consistent preventive maintenance is maintained throughout the life of the roof, roofs can last upwards of 35-40 years or 10-15 years beyond the manufacturer’s warranty.
When a building owner starts spending 10-15% per year in maintenance of what a new roof would cost, it is time to replace the roof. For example if re-roofing your building would cost $100,000.00 it is time to replace the roof when preventive maintenance and leaks combined start costing you $10,000-$15,000 per year.
Commercial Roofs put on correctly can last upwards of 25-30 years if properly maintained and preventive maintenance completed. It is important to you to have your roof inspected twice a year and have any deficiencies addressed. Many things can cause roofs to leak such as inclement weather, foot traffic, other mechanical contractors (HVAC/Window Washers), debris, leaf buildup. Over time your roof will wear and UV rays and heat from the sun can cause material deterioration, failed sealants and dry rot of pitch pockets. Having your roof inspected twice a year and preventive maintenance completed will go a long way in staving off a roof-replacement.