Depreciation Schedule
The following chart gives the average life expectancy for common items in rental property. We will prorate based on the age of the item. If a written guarantee of certification of a different life expectancy is provided at the time the claim is submitted, we will prorate accordingly.
Proration for interior painting is based on the standard three-year schedule. For example, if the unit required painting after two years of occupancy, we would allow 1/3 of the cost.
| Bathroom Flooring |
12 years
|
|
Garbage Disposal |
5 years |
| Bathroom Sink |
17 years |
|
Hot Water Heater |
10 years |
| Carpeting |
10 years |
|
Interior Doors |
20 years |
| Closet Doors (folding) |
8 years |
|
Kitchen Cabinets |
15 years |
| Curtain Rods, Hardware, etc |
8 years |
|
Kitchen Flooring |
12 years |
| Curtains |
5 years |
|
Kitchen Sink |
17 years |
| Dishwasher |
10 years |
|
Medicine Cabinet |
12 years |
| Door and Window Hardware |
15 years |
|
Screens & Frames |
5 years |
| Drapes |
10 years |
|
Stove Cooking Range |
12 years |
| Exhaust Fan |
3 years |
|
Stove Hood |
9 years |
| Exterior Doors |
15 years |
|
Refrigerator |
15 years |
| Exterior Paint |
6 years |
|
Towel Bar |
5 years |
| Faucets |
8 years |
|
Water Closet |
20 years |
The above information was provided by the Boulder County Housing Partners, Boulder, CO
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