After my purchase last year in Slacks Creek (QLD), I've been pretty inactive on the forums here, but a recent email from the ATO, letting me know...
Hi, Confused. I just brought a house that was built in 2009. I know I cannot claim depreciation, can I still claim capital works over 32yrs?...
I assume this client cannot depreciate Division 40 items in this instance but would like to hear what others think in light of the Legislative...
@Paul@PFI and i have discussed this one. My reading of the Act is that if you entered into a contracr prior to May 2017 BUT the property was...
We built a house in 2015. Now, we are moving interstate for work and rented the house out. Likely, we will never live in this house and leave it...
What would the general rule be to expect Build new IP - say x 2 townhouses - Construction costs $750k, then claim on depreciation, how much would...
Looking for an opinion please: Scenario, a tenant drives into the garage door of the property that they lease. As a result, the garage door needs...
Hey guys I was wondering, as long as you do your due diligence with building report and electrician's report etc, does it matter how old the house...
I'm curious to know if I can depreciate the full value of a house that currently has tenants in it when it's demolished? I'll be demolishing to...
BMT did my depreciation schedule in Jan 2017. Due to salary sacrifice, I haven't paid much tax last FY. Can I delay my depreciation schedule...
With the depreciation changes that came through the budget.. Is there any timeframe to get a new depreciation schedule for grandfathered...
I'm wondering what is the difference in the different companies that does depreciation reports. BMT charge $750, Washington Brown $600, MCG...
i am surprised about the lack of debate around the budget change which will not allow deduction for any items in a property that are not new....
I have only recently learnt about depreciation schedules, it turns out when you're young and think you know everything that there is actually more...
What is the situation with depreciation in mining towns with huge price drops? For example if I buy a 3 year old property in Moranbah for $100k...
This is a hard one. But hopefully someone out there can guide me in the right direction. So i currently work in the mines in Queensland and live...
Not convinced Depreciation deductions can be seen, felt and measured ? The Block is almost wrapped for another year and the good folks at BMT...
Hi Everyone, We have recently signed a contract for my first IP in QLD. I have always done my own tax as it is very simple. Standard group...
hi . I was asked by cousin today and didn't know the answer so thought I would see if anyone else knew the answe Problem - he has a property...
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