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landlord query replacing worn carpet - repair/ capital allowance?

  • 07-11-2016 09:01PM
    #1
    Kate253
    Registered Users, Registered Users 2 Posts: 167 ✭✭


    My tenant requested a new carpet. To be fair it was getting quite worn in couple of spots. I had shoved a sofa over it when I was living there as it hid the ugly area. However, my tenant re arranged his furniture and the worn area is exposed and he requested a new one so I bought a new carpet.

    Does this count as a repair cos it was damaged or is that only in the event of accidental damage such as fire/ flood? Is it considered home improvement hence capital allowance? It set me back 620 so not cheap.


Comments

  • #2
    Edups
    Closed Accounts Posts: 678 ✭✭✭Edups


    Kate253 wrote: »
    My tenant requested a new carpet. To be fair it was getting quite worn in couple of spots. I had shoved a sofa over it when I was living there as it hid the ugly area. However, my tenant re arranged his furniture and the worn area is exposed and he requested a new one so I bought a new carpet.

    Does this count as a repair cos it was damaged or is that only in the event of accidental damage such as fire/ flood? Is it considered home improvement hence capital allowance? It set me back 620 so not cheap.

    No it's not repair. It's just home improvement.


  • #3
    Kate253
    Registered Users, Registered Users 2 Posts: 167 ✭✭Kate253


    hmmm, not worth much as an expense so....


  • #4
    exaisle
    Registered Users, Registered Users 2 Posts: 2,676 ✭✭✭exaisle


    Edups wrote: »
    No it's not repair. It's just home improvement.

    No. Incorrect. There is no improvement here. The replacement of the carpet is maintenance required by normal wear and tear.

    As an example.... wallpaper that becomes worn or marked is replaced. This is painting & decorating and is also perfectly allowable as an expense.
    There's no actual improvement to the premises, just maintaining it at a proper level.

    It would be a different matter if the house had no carpet and the landlord put a carpet in....that's an improvement.


  • #5
    Kate253
    Registered Users, Registered Users 2 Posts: 167 ✭✭Kate253


    exaisle wrote: »
    No. Incorrect. There is no improvement here. The replacement of the carpet is maintenance required by normal wear and tear.

    As an example.... wallpaper that becomes worn or marked is replaced. This is painting & decorating and is also perfectly allowable as an expense.
    There's no actual improvement to the premises, just maintaining it at a proper level.

    It would be a different matter if the house had no carpet and the landlord put a carpet in....that's an improvement.

    Is the replacment carpet comes under repairs/maintenance, does it count for depreciation or is this a one off expense? Thanks.


  • #6
    Uncle Mclovin
    Registered Users, Registered Users 2 Posts: 693 ✭✭✭Uncle Mclovin


    Replacing a carpet qualifies as repairs and you set the full cost against your rental income in the year it the expense was incurred.

    I think you're mixing up depreciation with capital allowances. In any case as above you don't claim capital allowances on the carpet replacement.


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