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.
1 Plumbing a new home using CPVC for the water supply lines and PVC for the drains can cost $6,000-$22,000 or more depending on location, the size of the house and the number of fixtures, or typically about $2,000-$5,000 less than using copper pipes. The company may also charge $50-$150 to be present during required inspections by the local building or planning department department. 2  Prices can vary significantly, so get several estimates. 3  Ask about experience with the PVC and CPVC pipe. 4  Homewownernet.com explains how to hire a plumber.