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What is the depreciation on repairs made to a rent house?

The house has been re-plumbed and 1000 sq ft of new floor tile. There has been new carpet as well, but I think that is a 5 yr depreciation. - And is depreciation figured by dividing the cost among 5 yrs, so a $1000 carpet job would be a $200 deduction every year for 5 years? (I am trying to help my 77yr old mother)

Public Comments

  1. Expenses are taken over time, as long as her income isn't too high. Some higher income people have suspended loses.
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