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.
If you are looking into replacing your home's plumbing pipes, you will typically spend between $2,000 and $8,000 for PEX piping OR between $2,500 and $15,000 for copper piping, including labor and materials. To narrow that down, re-piping a small 1-bathroom home with PEX costs about $2,000-$3,000. For a 2.5 bath, 3 bedroom home, the cost will be $3,000-$7,000 or higher. Copper pipes will add approximately 20-25 percent to these figures. The cost to re-pipe your house varies according to: