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General Landlording & Rental Properties

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Justin B.
  • Investor
  • Gaithersburg, MD
440
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659
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Garage Door - Repair or Improvement?

Justin B.
  • Investor
  • Gaithersburg, MD
Posted Jul 2 2014, 19:19

All,

I recently replaced a garage door in one of my rental units.  Just trying to figure out if it's an expense or a depreciable asset.  We replaced the door with the same quality and it was $750 (so not too expensive).  As to whether the existing garage door had reached it's useful life, I think you could argue either way.  It looked in good condition and all of a sudden cracked beyond repair.

Just looking for schools of thought on this.  Thanks!

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