Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
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 about 12 years ago on . Most recent reply presented by

User Stats

74
Posts
8
Votes
Jeremy D.
  • Investor
  • Grand Rapids, MI
8
Votes |
74
Posts

Tenant destroyed an apartment- capitalize the repairs?

Jeremy D.
  • Investor
  • Grand Rapids, MI
Posted

I finally completed the eviction of a tenant I inherited when i purchased a duplex. She trashed the apartment and the repairs are costing about $5k consisting of $2k carpet, $1.5k doors, drywall, etc, $1.5k paint.

I know i need to capitalize the carpet and depreciate it, but am I required to capitalize the new doors, drywall repairs, and painting the entire apartment as well? Or can all of this be expensed? They are significant repairs (capitalize), but they return the property to rentable status (expense)?

Thanks

Jeremy

Loading replies...