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If its tenant damage it is justified. They break it they pay for it. They merely pay for use and reasonable wear and tear. Destruction is never part of rent.

The answer is Yes if its disposed of. The new carpet however may have an offsetting assessable effect if the tenant bond is retained or a tenant contribution is made. If its insured the insurer will pay for the new carpet. The receipt from the claim is assessable income and a new depreciable...