Charging tenants for Carpet and Vinyl - change in default useful life

Published 4/21/2023

There has been an update to the useful life depreciation schedule. The Federal Government updated their guidelines on how long carpet and vinyl/laminate should last. Carpet is no longer on a 7 year period.

Sign in to read the full article



Not a client? Contacts us to get more information about becoming a client to gain access to full articles, property management forms, landlord trainings, and legal advice.


© Copyright 2024 Law Offices of Kirk A.Cullimore, LLC