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.
If you are adding a new gas appliance, such as a gas water heater, dryer, or stove, youâll likely need to install a new gas line. You can also extend an existing gas line, such as when adding a gas appliance outside. Some local gas companies offer this service for free, but in most cases youâll need to hire a professional or do it yourself. The average cost of installing a 50-60 foot gas line is $200-$250, although the size of the gas line depends on how many appliances are attached to it. In most cases, you will want to install a completely new gas line; however, if you are adding a smaller appliance or already have a gas line that is rarely used, it is possible to extend an existing gas line for around 75% of the cost.