kanrent Posted November 22, 2017 Report Share Posted November 22, 2017 I had to carpet the up stairs and stair carpet in one of my properties I think this is not tax deductible but could I claim the cost anywhere else such as capital expenditures Link to comment Share on other sites More sharing options...
Richlist Posted November 22, 2017 Report Share Posted November 22, 2017 If you have not just purchased the property or are just preparing it for its first let and the property has already been let and the carpets are like for like replacements....then you can offset the full cost against revenue. Link to comment Share on other sites More sharing options...
kanrent Posted November 22, 2017 Author Report Share Posted November 22, 2017 46 minutes ago, Richlist said: If you have not just purchased the property or are just preparing it for its first let and the property has already been let and the carpets are like for like replacements....then you can offset the full cost against revenue. The property has previously been rented for many years there was never a carpet It has now been carpeted and new tenants have moved in How do I stand on this ? Link to comment Share on other sites More sharing options...
Richlist Posted November 22, 2017 Report Share Posted November 22, 2017 Ah....that's an important clarification. As you are not replacing carpet .....its in fact an initial expense....so there would seem to be no opportunity for you to offset the cost at all. Its tough being a landlord sometimes. Link to comment Share on other sites More sharing options...
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