Was told that my deprecation on IP would be about $1000 a year for next 10 years. Is it worth getting the quantity surveyor to do report and claim...
Hello experts, I am based in Sydney. I am planning to move to Middle East for work. I have a PPOR, looking to turn it into an IP. There will be...
I am about to do my Tax return. We purchased an investment property last year in Nov. And rented it out after a month ( 7 Dec 2023). My accountant...
I bought brand new property in 2019 and it has appreciated by over 50% in value. I am wondering if it's worth getting new depreciation schedule...
Hi all, Ive recently had some unexpected expenses for a property I bought about a year ago, and was wondering if there is any deductibility /...
Hi all, I moved into my own place earlier this year and am renting out one room. I purchased a couple of new appliances and furniture (new and...
Companies Claiming Depreciation on Second-hand Property s40-27(2)(c) ITAA97 means that taxpayers can no longer claim depreciation deductions on...
Hi there I have bought a residential house property in Melbourne. I was planning to live in it but I have now decided to rent it out. As I had no...
Hi all, House is 20 years young but well maintained. How is deprecation calculated if bought today. Ie 20 years depreciation on a valuation at...
I am reading this article which is saying that for investment properties the amount of Depreciation is added to Capital Gains amount at time of...
I encountered a client situation where they were planning to build a new house at the back of their existing property, move into that then knock...
Hello all, Just wondering how depreciation schedules are calculated on new builds. Do the QS created their report based on the actual build cost?...
Hi All, I have had a water damage insurance inscident in my IP. Due to water damage intensive repairs were required due to mold growth. So they...
I am in the process of buying an IP which is 40 years old. But it has had some renos done down the track. Tax agent asked me to get a...
Any recommendation which company use for the depreciation schedule in Canberra?
Such a Josh Friedenberg thing to do. Announces a subtle change to investor tax rules. Proposes to allow asset write off for specific new investor...
Hey all, In the situation of a rental property. What happens when you invest in capital works for items which would usually be depreciated -...
Hi, First time property investor. I need to know if it’s important for me to hire a depreciator or would the accountant know what to depreciate ?...
Log into Facebook Ato info vide on what you claim on your investment property It has come to this apparently.
I normally recommend either BMT or Depreciator or Washington Brown and have found that one of the nice services they offer is updating the...
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