Quote:
Originally Posted by Eric Coffey
Looks like OPEX to me. The only possible exception being the trailer rental to pick up the new bathroom cabinet. Though, some would argue that the trailer rental = OPEX and the cabinet itself = CAPEX.
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I agree except for the asbestos remediation, which is a one-time expenditure that adds value. The code may offer some special treatment because it is a government mandated expenditure.