If you make repairs as part of an extensive remodeling or restoration of your property, the whole job is an improvement. Repair example: You repair a small section of one corner of the roof of a rental house. You deduct the cost of the repair as a rental expense. However, if you completely replace the roof, the new roof is an improvement because it increases the value and lengthens the life of the property.
Definition - What does Microchip Implant mean? A microchip implant is a device that can be implanted into the body of a human or animal. The size of these microchips is extremely small, therefore they can be easily implanted without the need for complicated surgery. Microchip implants can be used to track or record medical details of individuals, security and other important information.
What is a cochlear implant? A cochlear implant is an implanted electronic hearing device, designed to produce useful hearing sensations to a person with severe to profound nerve deafness by electrically stimulating nerves inside the inner ear. These implants usually consist of 2 main components: