Depreciable Life Of Laminate Flooring

Carpeting can technically be pulled up and moved whereas laminate cannot.

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. Most other types of flooring i e. Carpets are normally depreciated over 5 years this applies however only to carpets that are tacked down. 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.

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. 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. 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 less permanently attached when installed. The real question is whether or not you can treat this as a repair. That s why carpeting gets the special treatment.