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....
Does Defense Housing (DHA) tend to use the same quantity surveyor for all properties in a state? I have a Melbourne property built in 1995 that...
Hey Team Questions Looking at purchase an existing house in a strata estate WA. Built Circa 2013 I want to find out with new rules what can be...
I have earlier posted my views that the ATO should really issue a ruling on what it means by incidental or occasional use. And I have to say I...
Hi, just wondering if lenders impose a limit on how much depreciation can be used as an addback when going for a home loan? We acquired a lot of...
G'day all. I'm in a bit of a hurry so pardon the brief message. Can someone tell us what is the "normal" cost of preparing a Depreciation these...
I'm currently writing an article in relation to depreciation of plant and equipment, holiday homes and the new tax laws. What a mixed bag of...
I recently did an application for an IP refinance and apparently my broker is not adding the depreciation back into my income. The taxable income...
Hey everyone, Hoping someone can help me out with a question as I seem to be getting conflicting advice online and when talking to QS folk. I...
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