Tenant improvements, also known as leasehold improvements, are modifications made to a rental property for a specific tenant. These changes can include painting, carpeting, and interior build-outs. Leasehold improvements are applied to the interior space, such as ceilings, walls, and floors. Exterior modifications are not considered leasehold improvements. There is an exception for leasehold improvements related to common control leases, further discussed in LG 8.11.1. Leasehold improvements are subject to the long-lived terms of the lease and are typically the responsibility of the tenant, not the landlord or property owners.
Cleanroom enhancements focus on improving the appearance of the leased space without altering its fundamental structure. Leasehold improvements can be any update or change to a leased property’s interior finishes beyond what the landlord provides as standard. Examples include painting, installing partitions or customized light fixtures, and changing flooring. Enlargements to buildings, elevators and escalators, roofs, fire protection, alarm and security systems, and HVAC systems do not qualify as leasehold improvements.
Tenant improvements allow businesses to customize their leased space, while leasehold improvements enhance the property’s overall value for landlords. Examples of unqualified leasehold improvements include electrical and technical updates in the tenant’s space, painting interior walls, and HVAC systems. Common examples of leasehold improvements include customized lighting fixtures, floor finishes, and painting walls or other surfaces.
📹 Easy FORMULA for Interior Painting Estimate
Here Dan describes how to estimate interior paint jobs with a super simple formula. add up all the doors, windows, and arches.
Is painting a leasehold improvement?
Leasehold improvements typically include interior partitions, millwork, carpentry, lumber, metals, steel, paint, acoustic ceilings, restroom accessories, electric lighting fixtures, and interior floor finishing. The lessor may be another university department or someone outside of the university. The lessee is responsible for recording the improvement if they pay for it. However, leasehold improvements should not include maintenance and repairs done in the normal course of business, and moveable equipment or office furniture not attached to the property.
Can you paint walls in a leasehold flat?
Leasehold alterations, such as redecorating or upgrading a kitchen or bathroom, are typically permitted without consent, provided they don’t involve structural wall movement. However, there are no fixed rules regarding the types of alterations that require consent or those that don’t. It’s essential to check your lease before making any alterations, as there are no fixed rules regarding consent requirements. Therefore, it’s crucial to follow your lease’s guidelines when making alterations.
What are standard leasehold improvements?
Leasehold improvements are changes made to commercial real estate spaces to accommodate tenants, often overseen by the owner or tenant. These improvements can include interior walls, floors, or the installation of cubicles. They are a common practice in commercial real estate to make spaces more useful and appealing for tenants. The property owner typically modifies interior spaces, such as ceilings, walls, and floors, to accommodate the tenant’s operation.
Exterior modifications are not considered leasehold improvements. Types of improvements include new ceilings, flooring, and inner walls, as well as the installation of small cubicles and telephones for companies with call centers.
Is paint depreciable?
Painting as a capital improvement on rental property can significantly impact its tax treatment. Instead of being immediately deductible, the costs are depreciated over the property’s useful life, providing gradual tax relief. This method allows landlords to spread the cost over several years, potentially smoothing out income fluctuations and providing a more stable financial outlook. The depreciation also affects the property’s basis, which is crucial when selling the property.
An increased basis can significantly decrease capital gains tax liability by reducing the difference between the selling price and the property’s adjusted basis. This highlights the importance of meticulous record-keeping and strategic planning for landlords to accurately calculate depreciation and adjust the property’s basis. Capital improvements offer long-term financial advantages that can enhance the property’s profitability and tax efficiency over time.
Is carpeting a leasehold improvement?
Leasehold improvements, such as wall painting, partitioning, floor finishing, and light fixtures, are often necessary changes to meet the tenant’s business needs. However, they must be attached to the building and not moveable furniture or equipment. This can make it difficult to distinguish between what is and isn’t a leasehold improvement. In commercial applications, such as retail, leasehold improvements can include shelving, checkout counters, security cameras, or partitions to divide a large area into individual workstations. Therefore, it’s essential to determine what qualifies as a leasehold improvement.
Is painting considered an improvement?
Repairs are maintenance that restore property or equipment to working condition without enhancing its quality or usefulness. Painting is not considered a capital improvement but must be capitalized if part of a large-scale improvement plan. However, the IRS has introduced a de minimis safe harbor for expenditures that would typically need to be capitalized. These expenses can be expensed using “safe harbors” or tax laws.
These safe harbors allow purchases of materials or supplies for wholesale nursery use that cost less than $200 to be treated as tax deductible. These deductions are available in the tax year when the item is used or consumed, as long as it has a useful economic life of less than 12 months.
What is a qualified leasehold improvement?
The term “qualified improvement property” is used to describe any improvement made to the interior of nonresidential real property, regardless of whether the property in question is leased or owned.
What are allowable leasehold improvements?
Leasehold improvements are modifications made to a rental property to meet the specific needs of a tenant. These changes may include structural modifications, new drywall and flooring, updates to lighting, electrical, and technology systems, addition of rooms, cubicles, partitions, shelving, and countertops. The landlord or tenant may undertake these improvements, which may be paid by the tenant. Examples of leasehold improvements include painting, installing partitions, changing flooring, or installing customized light fixtures.
However, enlargements to buildings, elevators, escalators, roofs, fire protection, alarm and security systems, and HVAC systems do not qualify as leasehold improvements. Leasehold improvements are typically made by landlords of commercial properties and can be provided for existing or new tenants. The changes are tailored to the tenant’s specific needs, making the space more attractive and appealing.
Can you change the interior of a leasehold property?
The lease typically includes a covenant requiring permission for certain alterations and improvements. Some leases only require permission for major plumbing or electric works, while others require permission for any work. If unsure, contact your freeholder to ensure the changes will improve the property without significantly impacting its future value. If you don’t obtain permission, the freeholder may require you to return the property to its original state, resulting in you being liable for all costs.
Is painting included in cost of improvement?
The Assessee, a non-resident, claimed exemption under section 54 for the cost of painting and masonry work after purchasing two immovable properties. During scrutiny proceedings, the Assessing Officer (AO) noticed the claim and issued a notice to prove its authenticity. The AO disallowed the claim and added it to the assessee’s income. The CIT(A) upheld the additions, and the matter reached the Chennai Tribunal.
📹 Home Updates | Painting the ceiling & testing colors in the bedroom
I know a paint brush hates to see me coming… ( timestamps ) 0:00 – testing paint colors 4:44 – entryway 5:40 – painting the ceiling …
Hi! Design professional and color consultant here and I’ve following your color adventures. I don’t know how far you want to get ‘in the weeds’ but I would like to toss in some ideas that could help with some of your questions or be helpful in general. – F&B is a full spectrum paint making it very reactive to different lighting conditions. Because of this it is important to swatch it on all surfaces are considering painting, each wall and especially the ceiling. – I would highly recommend painting it all one color, including the ceiling. None of the trim work has enough architectural significance to highlight. But, if you want to do something more interesting and architectural, you could paint the window bay a tint of the color you choose. Your paint store can create the tint by adding 25% white(or more if needed) to your color. They can do a sample so you can also swatch it. – Changing the color of dining room curtains is a great idea for a couple of reasons, first it will address your concern of connect the ceiling the rest of the room, but creating the vertical contrast will also increase the visual height of the ceiling. When choosing the color the value is the most important consideration. Do not try to match the ceiling. A mid range green with a more yellow base will always work, but if you want a little more drama, go for a more complementary color like a burnt orange. If you have any questions just let me know.
I really wouldn’t discount the light blue. The reason it looks so grey is because it is next to such a bright, borderline periwinkle blue. When you paint an entire space, you will always be shocked by how much a color that you thought leaned more neutral, is actually way more colorful than a small swatch would lead you to believe. I’ve made the mistake many times!
i absolutely love the green ceiling in the dining room i’m so glad you stuck it through!! im not a fan of green curtains in the dining room, i think what you have now with the wooden covers on the windows are perfectly fine and already look beautiful! also loving both of the blues for the bedroom! i think im also leaning towards the bright blue rather than the gray-ish blue! painting only the wall behind your bed and the wall on the opposite side of the bed around the windows (not the trim or adjacent walls) with the chosen blue would be nice!! great color choices 😊
Not me fully expecting you to say “we just keep this curtain there to block the monsters from coming in” lol. Just a very like closet door closed as a kid moment for me I guess. Love the green! Dining room looks really nice. For the bedroom, you could always start by not painting any trim, see if you like it, if you do not, then just paint it! Can’t wait to see 🌸
1. Dining room looks amazing! 2. Because of all the weird trim and not-trim mixes I would color-drench the bedroom and then keep the niche in white (inc beams) and then make that space extra special. A jungle niche with lots of plants or a mattress on top of there as a daybed/petbed for reading and hanging out. Or build a custom shelf on that niche for art / books / plants that you can look at from your bed. So many options!
the dining room ceiling looks great! for the bedroom – i like the top left blue and think you could paint only the wall behind your bed and the walls/ceiling of your built in nook area. it would tie the blue together in multiple ways and not highlight the trim issue! also i think it would be very unique/visually interesting and showcase the architecture and character. can’t wait to see what you do ❤️
love the new green in the dining room!! for the curtains, i think another green would darken the space but i like the bamboo shades tying in the natural elements of the room. One idea for adding something else green to make the space more cohesive is a clean potted plant in the middle of the table, almost like a bouquet, that matches the warm dark green of the ceiling. Something else i think you would like is called ikebana, it’s a minimalist japanese technique of arranging flowers that would go lovely with the space. 😊 check it out!
Liking the blue for a bedroom. If you’re in any way conflicted with the color just paint one wall. Live with that for a few days or so. See how it is thru different times of day, different lights. Hoping it goes well with the brick. Really like how if there’s something going on that you have the family come over to pull together. Remembering how everyone came over to help clean the apartment when your room-mates moved out. And when mom comes over there’s food.
The green ceiling looks incredible! It really ties into the warmth of the room so well. I definitely think green curtains would be a lovely way to pull everything together, but I wouldn’t go for curtains super close in shade to the ceiling. Maybe try a green with a similar tone but a bit lighter? Also, I actually really liked the light blue paint. I think it only looked super grey because it was right below the parma blue. But if you’re only considering the yellows or parma blue, I still think parma blue is the way to go. I really think just doing an accent wall behind your bed in the parma blue would be a good start especially because of how beautifully it contrasts with the wood and the brick. If you really do want to paint everything though, I think the hay yellow might be better? I feel like the parma blue would be overwhelming as a color drench. The yellow blends in a bit too much with your furniture imo, but it would work well as an overall color for the room whereas parma blue seems like it could be a bit overwhelming outside of just an accent wall
Benji, Paint the dowelling next to the ceiling the same color as the wall so it disappears. The wall will seem to be the same height all around the room. I too thought the ceiling would look lower with the dark paint but you’re right, it worked! A single edge razor box cutter held at a 45 degree angle on the glass will clean up those sash edges on the exit door. Nice job!
Here’s my idea: Paint the wall that your bed is against (with the painting of the basket), do not paint the trim around the brick on either side. Also paint the other wall your bed is against (with the blocked off door) until it meets the trim on half the door. Maybe see if you can get some matching trim for the other side of the door, I’m not sure if there would be room for it to fit since there is that nob on the wall, but I guess you could measure it out and see! Paint the wall with the windows up until the beam on the ceiling. You can also look into adding matching beams to the walls, which would help “finish” off the look of the door, as well as “cut off” the extra part of the room and help transition from blue to white. You can leave the door trim white and see how you like the blue. If you end up wanting to paint the other side of the room blue, I’d recommend leaving the beams white. I am NOT a designer, but I love trying to design lol – anything you do I bet would look good!
The green ceiling looks so good and I love that you painted the door, too. I love that color. You should think about color drenching the dining room. It would be a little jewel box. For the bedroom any trim you leave white will stand out so I would paint the walls, door and all of the trim blue. You could leave the ceiling white if you think it would be too much blue for you. If the window area has trim around it where you can clearly stop the paint you could leave it white so it ties into the white ceiling.
Definitely paint the “dowel trim” blue to blend to the wall and maybe the thicker one (the chimney one) leave white. That brick wall is unique in itself and the white trim there may allow you to showcase the wall if you wanted! I’ve seen those thin dowel pieces painted to blend many, many times and it works well. I love the idea of leaving the walls beyond the support beams white!
Regarding the bedroom, since there are so many inconsistencies with the trim; it might be fun to initially do everything little by little. so you’d leave the ceiling white, paint the walls but anywhere there’s a trim, leave it white, and then leave the little nook white with the support beams white. then decide what you do and don’t like from there and just slowly keep painting until you like it 🤗
Lololol, dark primers are always scary. I worked in a paint store for 13 years and would always see the apprehension. But you need that color base to help the darker colors be pigmented. (Or at least not need 15 coats to get a true color). Looks great, and good job for seeing it through! (WORD OF ADVICE TO EVERYONE: Unless you are painting a white, get a tonal match of gray primer to the color you want to paint.
I vote for white trim in your bedroom. To make it look more consistent, you could add more of what you’re calling a “dowel” (I learned to call it “quarter round,” not sure if that’s just a regional term), OR remove the quarter round and install more of the trim like you have at the top of the brick, as a type of low-key crown molding. Be sure to decide about that before starting to paint tho.
The green ceiling looks sooo good! I’m still sticking to blue for your room, I say go for it all over. Maybe don’t paint the whole room all at once and see how you feel and if it feels disjointed then keep going into the nook and poles. Ooo imagine you did both yellow and blue. That might be tacky though 🌚 💙💛
The ceiling trim in the bedroom looks to be a typical quarter round. I’m not sure of the diameter but that’s easy enough to measure it. With the painting paint one type of surface at a time (drywall then flat section of trim around the brick then the quarter round). You can also use the process with the painting of. the bay window part (paint drywall then trim then supports, etc). After painting each type look at it and see if the next portion needs painting. Much easier to paint the next portion than to repaint it white.
The green ceiling looks great! I was a little scared with the primer as well. I can’t decide between the yellow and blue. I love yellow rooms but I do feel like the blue would look better with the wood furniture and brick (my yellow room had white painted brick, which looked nice, but I don’t recommend that!). Will plants look nicer next to one of those colors? Could you also share where the bamboo blinds are from? I need some without strings and love the dappled light from bamboo.
The ceiling looks amazing… you did a beautiful job, Benji! Also, changing out the green panels for clear….you could definitely see the difference. A suggestion about the upstairs room… how about adding trim to the areas that really stick out and leaving the trim white. Or if all else fails… just paint it all blue… If it just doesn’t look right, then find a beautiful, soft, warm white… And whitewash the room… Even if it is white… A soft and warmer white will still be beautiful because that room gets so much wonderful light… good luck!
OHMYGOODNESS… I feel so inadequate now. lol. I never thought of a painted ceiling but it looks AMAZING!! And I adore that shade of green. THANK YOU for seeing it through its “baby vomit” stage! I say white ceiling in bedroom and the lighter blue drenching the rest of the room EXCEPT the plant nook. Plant nook either a darker or lighter tint of the room like EasonDesignGroup said. I am sooo excited to see it. (and now I want to repaint my home. 😩
🩶 As I said under you last article, I would go for the colour of the cement between the bricks and that’s that light blue colour, you didn’t like.😂 Or go for a pinkish colour matching the brick. Like the pink in your curtains. My favourite colour is pink ground 🩷 The yellow is too warm, in your room which is hot in the summer anyway.
I’ll preface with saying that I LOVE your blend of West Coast/California, mid-century, and Japanese aesthetics. I personally love the white, but I get that you’ve been living there awhile and having so much white can get a bit old over time. I agree that the ceiling was a scare at first, still not my first choice, but it does look WORLDS better finished and dry than when you were in the process. I’m glad you are happy with it, and leaving the white walls in the dining area does make it look cozy. I can’t wait to see what you do with the lighting in that space. Your bedroom is admittedly a more complex and tough space to execute all these new decisions. I’m with the majority + my personal bias that the blue would look best. I personally also like the light gray option because of how warm and bright LA can be (coming from Canada). As for the white dowel trim, why not add white dowel trim to the sides that don’t have it OR just paint over them to camouflage them. A third option would be to remove the dowel trims from all sides altogether just for the bedroom, and use them elsewhere in the future should you have a desire for them. This is an exciting journey (albeit labour-intensive), but I hope you enjoy the journey and the destination to come. Can’t wait for your next article. Been perusal you regularly for the past 3 years now!
Awwh, something about that mini dracaena reflexa in your bedroom being the same species as your massive one in your living room is absolutely adorable. Oh, Also: Idk what colour you should go for in your bedroom, but it definitely shouldn’t be light blue. Something about the grey tone in the room makes the colour scheme seem strange.
Hiii Benji. It’s so exciting seeing your place change color! In your bedroom, you might want to add matching ceiling trim (just the simple quarter round) to the wall behind your bed and the other wall where it’s missing, even if you decide to color drench the room. In my experience, painting the trim/wall a non-neutral color emphasizes it even when it’s the same color as the walls, so I’d try to even it out wherever possible before you paint. And the ceiling trim is a quick win!
You pronounced Louis Poulsen right the first time 😉 If you want to get it just right say Po-ul-sen (slower). In regards to painting the bedroom, I love the blue (had a room in a similar colour once and loved how calm it felt) but also grew up with a yellow room (so no hate towards the yellow). Maybe you should leave the windowseat area with the beams and all one colour and then paint the trim and sidetrim where the fireplace in the same colour. They can act as accent colours if you dont want to colourdrench the room. Then leave the inconsistent trim to be the same as the wall/ceiling. Although it could also be fun to have the beams (all the way to the floor) be the same blue colour as the walls and leave the windowseat white/accentcolour. Or leave the windowseat blue but the beams and trim around the window an accentcolour (maybe red ??) haha I’m spiralling. Love the green ceiling+door <3
I would do the bedroom walls but leave out the trim. In older homes there has been many changes with trim work and I think leaving the trim white would mask it to sort of blend up into the ceiling. The bedroom reading/ plant window is such a interesting area though, if you were a more experienced painter I would say do some sort of taped lines angle design but I think less might be more.
you pronounced louis poulsen correct the first time! (lou-ie pole-son). i recommend painting the niche in your bedroom blue, including the ceiling, top of the bench, and support beams to distinguish the space as a plant exhibition. i would even paint the light switch cover and knob + the base of the lights being installed. the blue compliments your plants and decor and sets an elegant backdrop. i would leave the ceiling in your bedroom white and leave the wooden trims exposed, but paint any white trims. the wood has more character and harmonizes with the other wood/earth tones in your bedroom. there’s nothing special about the white trims, plus they’re inconsistent so painting them blue wouldn’t draw attention to them. beautiful job though! love the green ceiling and looking forward to what you decide for your bedroom!
the green ceiling is amazing, the bedroom would definetely look better with the dark yellow. yes, blue compliments warm tones sometimes, but i don’t feel like that specific blue compliments the specific warms of your bedroom. the yellow is fun and, if it’s too warm, it would just give that feeling of a warm filter over a movie, which i absolutely love. plus warm is a lor cozier than cool imo. if you really wanna go with the green, i’m gonna be the odd one out here and say that the grayer blue looks better with the warm tones lol
(I was also a paint consultant in a previous life!) I really like the light grey colour. It doesn’t look great in the swatch on the wall because it’s clashing with the yellow and blue swatches beside it (usually better to see each colour on a card separately so you can move around the room). I think on its own you will see the green more in it and it will contrast nicely with the wood and bricks. Be careful about the trim you leave white as those ‘shapes’ are going to stand out and annoy you (they’d annoy me) I think colour drenching trim and walls would work better and disguise the imperfections. Love your website x
As you were showing the trim in the bedroom, I immediately thought you should leave the bay window area white, and then you echoed exactly my thoughts. Paint the walls your desired color, leave the trim, bay window and ceilings white and then live with it for a while. If the dowel trim bothers you, you can buy extra trim at the hardware store and fill in the walls that don’t have it.
Benji maybe you should do an accent wall for the bedroom instead of painting the whole room, just the wall behind the bed and also to the bay window or the walls around it. There are so many inspos on Pinterest. That shade of light blue is airy and perfect for it. I wanted to have an accent wall in my bedroom too but our house owners won’t allow us to paint, lucky you.
one of the booktubers I follow; thebookleo or leonie christel (her vlog website) got herself a new place and painted her place with lots of different colors I would never dream of painting. And all of it turned out really well. I got a lots of inspiration there too perusal someone try it for the first time..
The green for the ceiling and the door is so elegant!!!!!!! When you were talking about how to tie it in with the rest of the room I immediately was imaging wooden molding between the green and white but the bamboo shades do such a good job at doing that too!! -Also for the window seat of the bedroom, I think you should emphasis it as a unique quirk of the house and leave it white!!!
i love the green, and my advice for the bedroom is to pick a trim that you like, and trim the room how you think it will look best/most consistent. especially if your landlord reimburses you for improvements. the tenant before me randomly removed sections of trim in my house but that gave me the opportunity to make everything match. and trim is easy to hang as long as your measurements are correct, and if you dont have a saw most hardware type places will cut it for you.
the green ceiling is awesome! tbh i think yellow would be nicer for the bedroom because with so many windows it might feel a bit cold in the winter? yellow alone would definitely look to washed out but i think you could introduce the dark brown from your drawers for contrast. you could paint the beams with it and maybe the bottom 3rd of the wall so its not all yellow? but maybe thats also a terrible idea… no matter what, i’m certain it turns out lovely
Hi! You could paint one of the bed walls and that little bench area the same colour and leave the rest white. As in, paint the wall with the small window and the two little walls facing the counter area the same colour as the wall at the bed’s head? I’m definitely not a designer tho so I’m excited to see what you come up with 😊
Painting the ceiling. Cut in the corners and edges with the brush. Put a broom handle on the roller (you don’t need a dedicated roller extender that costs $$) so you can stand on the floor while you paint. Long sweeping back-n-forth (up n down) with the roller gives a nice even coverage. Works on painting the walls too.
Im not a blue girl, but that one’s not bad. Yellow, orange & red are my colors. My home is very colorful, so I would choose the buttery yellow one for the bedroom, but your style is opposite of mine. That lighter green is beautiful! I would paint the door & the ceiling with that color! Dark ceilings really lowers the ceiling 😢 You can add quarter round on the walls in the bedroom very affordably to make it all match. They’re not dowels.
I painted all of the trim and doors in our small, primary bedroom a deeper green with slight yellow undertones. I added a bit of that color to white paint and painted the walls. I added a bit more to the ceiling color. It turned out beautiful! It’s unique without being awkward and very calming. You’ll make the right choice for you. ❤
soo brave going with such a dark color for the ceiling but it turned out really amazing! I personally would only apply the blue to the wall behind the bed for now and then see how you feel about the inconsistencies of the trim along the corners and if that being continued bothers you at all, i think painting both the walls and the ceiling could be fun but ultimately youll have the brightest room using a kind of feature wall i think :3 Regardless love how it looks, keep up the awesome articles Benji, greetings from Germany!
Hey just a thought…if the brick in the bedroom is throwing you off, you could paint it white.. not common to paint brick but I have seen it done for small areas. Also, you could start by painting just one wall with color… like an accent wall! Remember it’s just paint and you can always paint over if you don’t like the color. Dining room with the green ceiling looks really nice!
Why are you choosing dark colors. The lighter colors easily are more complementary to the furniture you have and the 1000 plants. I must have experienced some trauma in my life that involves that very blur color sample you have. I get flashes that are unclear and get this feeling inside my body that makes me scared and angry both at once. So even if that color works, I would never choose it.