How do you depreciate carpet

[Jace Thornton]

I have a rental and I am also a tenant in privatized base housing. The base does not depreciate the carpet one cent until it is 3 years old. After that it goes down 15% up to 4 years, 30% from year 4 to 5, 45% from year 6 to 7, and at most gets depreciated by 60% after 7 years. At a minimum I am responsible for 40% of the installation and materials no matter what.

I have looked into this and the IRS allows tacked down carpet to be depreciated completely over 5 years. If the PM company is doing that is this policy legal?

Thanks for your time and input.

[Thomas Cummings]

We have been in front of a judge for for a tenant dispute regarding carpet and paint several times and each time- different judge- they ruled that both should be depreciated between 5 and 7 years.