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.
PEX meets building code nearly everywhere, comes with a 25-year warranty, and puts a smaller hit on your budget than copper. Replacing all of the plumbing in a 1,500 square foot, two-bathroom home with copper piping costs between $8,000 and $10,000.