Is Parking Lot Paving a Capital Improvement?

When a business or property owner invests in a parking lot, one of the first questions that comes up is: Is parking lot paving a capital improvement? The answer depends on the type of work being done, the purpose of the project, and how accounting and tax rules define improvements...

How Much Does Paving a Parking Lot Cost?

Resurfacing or even starting over on a parking lot paved with asphalt is a significant undertaking that needs much thought and preparation regarding money and the project schedule. The cost to pave or repave an asphalt parking lot depends on several key factors. Location of the Parking Lot The size...