Text Preview. Positive and Negative Effects of Recycling. Recycling is the processing of waste materials in order to make them reusable. This helps conserve energy and reduce the consumption of natural resources. Recycling used products is one of the best ways to save the environment. It is important to recycle, so as to avoid environmental harm.
The sales tax treatment shown in the contractor's bid is correct. Unlike Nevada, Washington regards construction contracts (including modifications and repairs to realty) as retail sales. Thus, in Washington the entire charge for repairs to realty will be taxable, including labor, materials, overhead and profit.
Construction expenditure. You can claim a tax deduction for construction expenditure, or capital works. The deduction is spread over 25 or 40 years depending on the type of construction and the year in which the construction was completed. The construction costs of a newly built property are deductible over 40 years.y claiming the available tax deductions, you can reduce your rental profit and ultimately reduce your taxable income. Here are some of the available investment property tax deductions: Advertising for tenants. The cost of advertising for tenants is tax deductible if your property is available for rent.