Hi, When I first got my IP some years back, I decided to skim on cost of getting someone to visit and do a depreciation report. Instead, I opted...
Organised for a new depreciation report to be drawn up to compare against a free report organised as part of an off the plan purchase. Report A is...
Buying a 36 year old property in Gold Coast. Looks like the two bathrooms and the kitchen has been renovated. There's also the air conditioner and...
First time IP owner and it has been suggested that I obtain a Depreciation Report. Can anyone please recommend a firm who does these inspections...
Hi all, I've recently purchase my first investment property that would be 3 years old next year under a family trust and from my holding cost...
Hi Recently had to have a water pump replaced at one of my IPs. The parts were $755+GST and the labour was $270+GST. Can I claim any of this...
Hi, I'm currently going through the process of buying my first investment property. It's a townhouse which is 5 years old. The current owners...
Hi All, i just got off the phone with a friend who has a ppr and is about to rent it out and i recommended that he gets a depreciation schedule,...
Hi, Let say if I build a new house for 400k and then turn it into IP from day one. I assume depreciation cost can't be as simple as 2.5% of 400k...
Could someone help as to how depreciation and CGT interact for an IP please? Say I have an IP bought for $500,000. I manage to be assessed as...
I'm in the process of completing an attached secondary unit and am aiming to have it complete and certified by end of the financial year, should...
Choice of Depreciation Method and Debt Recycling Should you use Prime Cost Method or Diminishing Value Method when claiming depreciation? This...
hi PCers Did a massive reno on an IP, literally redid the whole inside and some of the exterior. I now have an updated Depreciation report...
If: Have a recent depreciation report Tenant damages part of the house (eg carpet) that is only a few years old Carpet is replaced mostly at...
Just looking at an IP built in 2010... I'm wondering how significant depreciation claims will be for a property a few years old ...?? I know best...
Depreciation and renting out a former main residence This simple strategy to increase tax deductions. @BMT Tax Depreciation has recently pointed...
I came across a view in the most recent BMT Maverick newsletter (issue 39) which appeared to indicate that Tasmanian property may not obtain a tax...
We just received two extremely thorough depreciation reports (thanks @Depreciator - highly recommended!) Normally we are all for delayed...
I'm not clear on how the depreciation claimed against an IP over time affects the CGT calculated upon sale. Can someone direct me to an...
A friend of mine has a house that's 15-20 years old and tiles in the living area (so a big job) are coming up and breaking apart and need to be...
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