Flat Roof Repair and Replacement Solutions

Capitol Improvements offers several flat roof repair and replacement solutions. Silicone roof coatings are one of the best options for flat roof restoration for commercial buildings. They create a seamless waterproof barrier on top of your existing roof, providing excellent protection against leaks and extreme weather conditions.

The cost of a silicone roof coating represents a fraction of what it costs to replace your entire roof, making it a good solution for roofs that are still in relatively good condition. If you’re weighing your options, it may make sense to start with a silicone roof coating to extend the lifespan of your roof.

However, if the base layers of your roof are in bad condition, a silicone coating won’t solve the underlying issues. Because you can’t just coat a roof that’s in disrepair, a roof replacement is a better option in some cases. Fortunately, you may still be eligible to take advantage of the Section 179 tax deduction.

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What is a Silicone Roof Coating?

A silicone roof coating is a monolithic, impermeable membrane that goes on top of your commercial flat roof. In this context, monolithic means that there are no joints or seams, so your roof coating will be a single unit that doesn’t leak.

One of the key advantages of a silicone roof coating is its flexibility. Silicone remains stable even when subjected to a wide range of temperatures, resisting UV rays and adding years to the lifespan of your commercial roof. When installed properly by a licensed and certified installer like Capitol Improvements, a silicone roof coating can add 20 years to the life expectancy of your commercial roof.

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Silicone Roof Coating Tax Credits

Under the Section 179 tax deduction, business owners can deduct the costs of qualifying equipment and property instead of depreciating it over a period of several years. This allows businesses to take a larger deduction upfront, reducing their taxable income for the year.

By taking a tax deduction on a silicone roof coating or roof replacement, a business can recover faster from the investment. Instead of taking years to recover the costs through depreciation, Section 179 allows business owners to write off costs in a single tax year. In some cases, up to 100% of the costs of a silicone roof can be deducted.

In addition, silicone roof coatings provide enhanced energy efficiency and may be eligible for energy tax credits under Section 179D. Depending on the amount of energy savings, you could deduct $0.50 to $1.00 per square foot from the cost of silicone roof coating.

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Is a Silicone Roof Coating Worth It?

Some of the benefits of silicone roof coatings are obvious, like waterproofing and energy efficiency. However, there are a few other less obvious benefits worth considering. If you’re wondering if a silicone roof coating is worth the investment, here is a brief overview of the benefits:

• Weather resistance- The main function of a roof is to protect your building from the elements. Silicone coatings are highly resistant to UV rays, temperature extremes, wind, and heavy rain, making them a top choice for commercial roof replacements.
• Waterproofing- Silicone creates an impenetrable barrier over your roof’s surface, protecting not just your building but the inventory and people inside of it. This is an especially important benefit for flat or low-sloped roofs.
• Energy efficiency- Silicone roof coatings are reflective, which means they don’t absorb the heat from the sun. This lowers energy costs and helps keep your building more comfortable for the occupants.
• Cost effective- With a silicone roof coating, you can extend the life of your roof without having to pay for a full replacement. Compared to tear offs and other repair options, silicone roof coatings are less expensive over the long term.
• Low maintenance- Silicone roof coatings will save you money every year by reducing maintenance costs. Once installed, there is very little upkeep required.
• Environmental impact- Silicone roof coatings reduce landfill waste by eliminating the need for a roof replacement. Combined with the energy efficiency of silicone roof coatings, your company can boast a high environmental sustainability score with a silicone roof coating.

Best of all, the tax deductions available with a silicone roof coating make it a wise choice. By installing a silicone roof, your company is investing in its future, contributing to a greener environment, and enjoying significant tax benefits.

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How Silicone Roofs Qualify for the Section 179 Tax Deduction

Because silicone roof coatings are tangible improvements, they qualify as a Section 179 tax deduction. A silicone roof coating has numerous benefits that enhance the durability and efficiency of your building–factors that are essential to keeping your business operating smoothly.

However, there are a few things you should know if you’re considering a silicone roof under this tax benefit. Let’s take a look at the qualifications and limitations of the Section 179 tax deduction as it applies to silicone roof coatings.

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Qualifications for Silicone Roofs Under Section 179

Silicone roof coatings are tangible, meaning they have physical properties, so they are eligible under Section 179. When installing a silicone roof, there are a few criteria you must meet to qualify for this tax deduction:

• Purchased and installed: The silicone roof coating must be purchased and installed on a qualifying roof within the tax year.
• Used for business: This tax deduction is only good for commercial buildings, not residential. The roof must be used for commercial purposes more than 50% of the time to qualify.
• Third party installers: The coating must be installed by a qualified roofing contractor not related to you.

Limitations of Section 179

When it comes to silicone roof coating tax credits, it’s important to understand the limitations of Section 179. Make sure that your roof meets the eligibility requirements–for example, leased properties won’t qualify. You should also be aware that Section 179 is limited to taxable income.

By taking the Section 179 tax deduction, you forfeit the ability to depreciate your roof in subsequent years. Since that decision can impact your company in the long run, it’s wise to consult an accountant to determine if this makes sense for your business.

You should also pay attention to program deadlines and tax law updates. While this tax code is currently in effect until 2025, it makes sense to stay current when considering this deduction as an option.

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How to Claim the Section 179 Deduction for Silicone Roof Coatings

Use the IRS tax form 4562 for Depreciation and Amortization to determine eligibility. The maximum deduction is subject to change, so you must refer to the latest IRS guidelines to calculate the amount you are claiming. Always maintain accurate records and consult a tax professional if necessary.

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Ready to Invest in a Silicone Roof?

Capitol Improvements is family-owned and operated, and we’re ready to assist you with a silicone roof coating for your building. Our work is backed by lifetime manufacturer warranties and we’re proud to be recognized as experts in roofing and siding. We offer high quality products and professional installation all at a fair price.

Enhance your building’s roof performance by investing in a silicone roof coating. Learn more about how our roofing solutions can benefit your business by maximizing your tax savings and lowering your energy costs. Contact Capitol Improvements today to discover how you can take advantage of valuable tax deductions and ensure long term protection for your property.

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Frequently Asked Questions About Silicone Roof Coating

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How much does silicone roof coating cost?

The cost of flat roof silicone roof coating costs about $1.80 to $2.50 per square foot, depending on factors like the size of your roof and its current condition. There are various types of silicone roof coatings and some installations are more complicated than others, which can help determine the final cost.

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How long does a silicone roof coating last?

Generally, silicone roof coatings can last between 10 and 20 years. At Capitol Improvements, we use only the best products. Our expert roof installers are committed to quality installations, allowing you to get almost the same life expectancy from a silicone roof coating as you would from a new roof.

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How can I tell if a silicone roof coating is right for my roof?

Silicone roof coatings are versatile and can be used on many roof types, but you must consider several factors when deciding if it’s a good choice for your building. The condition of your roof is critical. If it’s in relatively good condition, silicone coatings can be an excellent solution. However, they aren’t suitable for roofs with extensive damage or leaks.

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What's the difference between silicone and elastomeric roof coatings?

Both silicone and elastomeric roof coatings enhance the performance of your roof and extend its lifespan. Silicone roof coatings are highly durable and known for their flexibility, while elastomeric roof coatings, which are acrylic based, are more affordable.

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What maintenance is required for a silicone roof coating on a flat roof?

Your silicone roof coating is low maintenance compared to other types of coatings on flat roofs. However, you must keep it free of debris and clean and inspect it twice each year.

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