Depreciable Life Of Laminate Flooring

You will depreciate new flooring in a rental over 27 5 years if it is permanent or 5 years if it is easily removed such as carpeting.

Depreciable life of laminate flooring.

This needs to be considered when re working floors as these attached flooring types will have to be depreciated over the much longer 27 5 year period. An item that is still in use and functional for its intended purpose should not be depreciated beyond 90. The average lifespan for laminate flooring is between 15 and 25 years but it can vary from as short as 10 years to as long as 30 years. Carpets are normally depreciated over 5 years this applies however only to carpets that are tacked down.

The real question is whether or not you can treat this as a repair. Life expectancy of building components will vary depending on a range of environmental conditions quality of materials quality of installation design use and maintenance. Tile hardwood linoleum unlike carpeting are usually more or. Tile hardwood linoleum unlike carpeting are usually more or less permanently attached when installed.

If the carpet is glued down perhaps in a basement then it becomes attached to the property and must be depreciated over 27 5 years. Most other types of flooring i e. Most other types of flooring i e.