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.
Structured wiring most easily is installed in new construction, and nearly half of all new homes built in and after 2008 have it. Retrofitting a house with structured wiring will cost $700 to $2,700 per room, depending on the control units you select. A pair of speakers for each room can cost from $100 to $2,000.