Depreciable Life Of Laminate Flooring

That s why carpeting gets the special treatment.

Depreciable life of laminate flooring.

Tile hardwood linoleum unlike carpeting are usually more or less permanently attached when installed. An item that is still in use and functional for its intended purpose should not be depreciated beyond 90. Carpeting can technically be pulled up and moved whereas laminate cannot. 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.

Laminate floors are treated as affixed to the structure unit of property uop and therefore should be depreciated over a period of 27 5 years. Most other types of flooring i e. Life expectancy of building components will vary depending on a range of environmental conditions quality of materials quality of installation design use and maintenance. Carpets are normally depreciated over 5 years this applies however only to carpets that are tacked down.

Most other types of flooring i e. 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. The real question is whether or not you can treat this as a repair.