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What Is The Formula To Depreciate Carpet Value In A Rental Property ?

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    When you buy carpet for a rental it is depreciated over 5 years provided the carpet is not glued down as to make it permanent.  You can use the calculator at http://easyrentaltools.com/tutorials/appliance-depreciation-calculator
    .cfm
    to see the amounts.  The calculator says "appliances" but works just as well for carpets as they're both 5 year items. Hope this helps!
    0 0

    Irvirv  

    answered 1 year ago

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