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Updated about 5 years ago,
Dog damage replacement, depreciate or not?
My tenant's dog damaged the patio french door pretty bad. I have got several contractors coming for quotes. It seems not repairable. I am planning to replace it. Can I deduct the full price of the new door plus the installation cost? If I can only charge the depreciated cost, how to calculate it? I believe the door is the original door when the house was built in 1987. I bought the house in 2014. What about the installation cost? Can I charge the full amount without depreciation?
The house is in Florida.
Thanks