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.
In South Lyon, Michigan, Rockford Chimney Supply estimates that professionally relining a chimney costs between $2,500 and $5,000. Stainless steel serves as the most common material for relining chimneys, according to the Hearth, Patio and Barbecue Association.It's also the most economical in most cases, with an installation cost of roughly $100 per foot of chimney height as of 2014, according to Old House Journal.he traditional clay tile liner costs just $10 for a typical 24-inch tall unit, but installation costs make this a more expensive option than relining with metal. For complex chimney lining projects, cast-in-place concrete represents an effective yet costly option.