Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago, 07/27/2015

User Stats

222
Posts
38
Votes
Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
38
Votes |
222
Posts

Security deposit allocation

Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
Posted

Hello,

I would like to put down laminate/wood flooring in one of the houses I own once the current tenants move out.

The carpeting that is currently in place is on it's last leg, and the tenants have pets so I expect the condition upon their move out to require replacement anyways.

My question is: may I use the portion of the security deposit that I would have used to purchase new carpeting towards the purchase/installation of laminate/wood flooring?

Is this an appropriate use of the security deposit?

Loading replies...