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Updated about 2 years ago,
Laminate Flooring Depreciation
Does anyone depreciate laminate flooring in the event you have to replace some or all of the flooring when a tenant vacates? Similarly to carpet? Maybe a life expectancy when a new tenant moves in?
In other words, the flooring suffered some damage (in which you charged other tenants in the past) but didn’t necessarily replace. Then, finally the last tenant did it in. Now we have to replace all the flooring.
How do you charge that existing tenant? Yes, they contributed to additional damage but shouldn’t be responsible for all the flooring.
Thanks in advance!