Whether the art is depreciable primarily depends on the taxpayerâs answer to the following question: âIs any of the artwork considered âvaluable and treasuredâ?â In order to understand why it boils down to this one question, it is helpful to review some history on this issue: The Background Behind Artwork Depreciation
1 By selling your old metal piping for scrap youâll be able to recoup some, if not most, of the cost of new plumbing. 2  Replacing the existing plumbing with copper pipes in an average-sized, 2-batroom home costs $7,500 to $15,000.
I did an on-line search for new homes in Tennessee and found a variety of homes and home styles in different areas. I divided the full price of each home I found by the total square feet and here are examples of what I found. Johnson City $107 per square foot. Jonesborough $98. found that the average cost per square foot was about $113.00. Given the fact that the cost per square foot included the lots, my cost per square foot should be a little less because I already own the lot I'm going to build on.