How long do you depreciate carpet in a rental?
Posted by NNency - Apr 20, 2023 Uncategorized 0 0 Views : 5 Receive Updates For This Category
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Apr 20, 2023
If the carpet is tacked down, it is classified as personal property and is depreciated over five years. But if the carpet in a residential rental property is glued down, it is considered to be part of the building structure and must be depreciated over a whopping 27. 5 years.