topic Does a landlord categorize flooring as "Appliances, Carpet, Furniture" or "Residential Rental Real Estate". in Get your taxes done using TurboTax

Does a landlord categorize flooring as "Appliances, Carpet, Furniture" or "Residential Rental Real Estate".

charjean47 — Fri, 24 Jan 2025 01:02:00 GMT

Laminate flooring was laid in living room, dining room and kitchen. The program offers these 2 choices:

"Residential Rental Real Estate""Appliances, Carpet, Furniture". Which category do I choose?

Re: Does a landlord categorize flooring as "Appliances, Carpet, Furniture" or "Residential Rental Real Estate".

donnalcop — Wed, 02 Apr 2025 17:37:16 GMT

The problem with choosing "Appliances, Carpet, Furniture" is that laminate flooring is not carpeting and therefore not personal property; laminate flooring is real property and therefore must be depreciated over 27.5 years.
See "Table 1-1. Examples of Improvements
........Flooring"
https://www.irs.gov/publications/p527#en_US_2024_publink