Depreciable Life Of Laminate Flooring

Tile hardwood linoleum unlike carpeting are usually more or less permanently attached when installed.

Depreciable life of laminate flooring.

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

Most other types of flooring i e. Tile hardwood linoleum unlike carpeting are usually more or. Life expectancy of building components will vary depending on a range of environmental conditions quality of materials quality of installation design use and maintenance. An item that is still in use and functional for its intended purpose should not be depreciated beyond 90.

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. Carpets are normally depreciated over 5 years this applies however only to carpets that are tacked down. That s why carpeting gets the special treatment.