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Real Estate
Reply to "Can I use tenant's Security Deposit?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]carpet replacement and maintenance is not normal wear and tear You can have the carpet cleaned and stretched. But you cannot expect the tenant to cover the cost of new carpeting[/quote] OP here. Why can't I, if the carpet damage is beyond cleaning?[/quote] well you have to have a sense of what the useful life of carpeting is. Are you depreciating that carpet on your taxes? 10 years seems like a reasonable estimate of useful life, which means at 9 years you are pretty close. You might have an argument that they should cover 10% of replacement cost but you'd want to be able to document everything.[/quote]
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