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Updated over 7 years ago, 05/15/2017
Mindy JensenPoster
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Iowa Security Deposit Question
A friend has a rental in Iowa. Carpets were about 6 months old when the current tenants moved in 2-1/2 years ago and in great shape.
Since you're a landlord, you can already guess they are moving out and the carpets are gross.
Since you can only depreciate carpets for 4 years, how should she handle this? Charge them the cost of cleaning? (She thinks they can be cleaned.) Charge 1/4 of the cost of replacement?