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 State licensing for plumbers costs $75-$300 and lasts 1-2 years. 2  Tennessee issues a two-year plumbing license for $75. 3  Georgia 's plumbing license fee is $30 for the application and a $75 renewal fee every two years, and Alaska's fee is a $50 application and $200 license fee every two years. Additional costs for plumbing training range from $500-$10,000, and may include books, tools, uniforms and living costs. 2  AC/C Tech in Indianapolis estimates additional plumbing program costs as $328 for tools and $369 for books, uniforms and safety equipment.