Hi, hoping some of the more knowledge-able folks on here might know the answer to this. I bought a management rights business in sunny North...
hi, looking to purchase a 2 bed unit in a very good position near a metro beach. 60's era block. 12 units in the block. the owners have all...
Hey all, Just picking brains for items that are completely depreciable within a financial year for an IP. Basically I’m trying to figure out...
Hi all. Is it worth to get a depreciation schedule for a commercial car space near the airport? I just recently bought one. Will the depreciation...
Some people would like to use the 6 year rule strategy which I have outlined here: Tax Tip 23: The 6 year Absent from Main Residence Rule...
Capital works deductions can only be claimed once completion of construction of the capital works is complete. s 43-30 ITAA97. They can’t be...
I did a knock down and development and am now putting my depreciation data inputs together and the quantity surveyor requires the following:...
Hi all, We purchased quite a few items to furnish the rental property and they were mostly delivered to the property. Some have delivery fees...
Hi, I have just replaced a broken toilet at a cost of $520. Given that this is a figure above $350, do I have to depreciate it or can I claim...
Greetings fellow PC members, Will appreciate if you could share your thoughts on the following: I am in the process of moving out of my PPOR and...
Hi all I've recently bought an investment property which is under strata. While the building is too old to qualify for deprecation, the strata...
Looking at getting a Depreciation schedule on new IP due to settle in December- anyone have any thoughts on if this is best done before settlement...
This article claims the units in the Gatwick building will have depreciable items of $2.6-3.1m each - a total of over $14m for the 5 units. The...
Hi All, This is a simple question, but I just want to confirm the facts. If I buy a second hand property (ie a flat in a complex, that has had a...
Hi All - Is anyone clear on the Depreciation ruling when the builder/developer puts tenants into a brand new property prior to the first sale. 1....
Hello from a newbie. Here is our scenario: We own an investment property in a strata complex in Darlinghurst, Sydney. The shower has started...
Hi Sorry ignorant question / ignorant of the answer here When claiming depreciation on an IP say 2.5% over 20 years - ie 50% of build costs If...
Hi all, first time caller long time listener! My wife and i own two apartments - one we live in and own outright and another we rent out. We...
Hi. I am an Australian non-resident who bought a (newly built, off the plan construction) flat in Melbourne last year as an investment property....
Hi gurus I'm interested to know with the new tax rules surrounding depreciation what is and isn't claimable when turning a PPOR into an IP....
Separate names with a comma.
