Building vs buying relatively new for tax depreciation

Hi

just want to know your thoughts on building a new construction vs buying a very new house say 1 or 2 years old for tax depreciation purposes

Some advantages and disadvantages I can think of:

Building brand new construction:
All fixtures and fittings are tax deductible from the beginning
6-8months to build and or wait for land to fully develop there for loss of rental income coming in

Buying something a couple years old:
2 years or so of fixtures and fittings tax deductions lost
can rent straight away

What do you guys think ?

 

I don't think depreciation should be a deciding factor in this decision.
Scott

 

Build it yourself. I have found it impossible to buy a suitable house at fair price. I have never understood why people buy built houses and pay about an extra 40k to do so than pay stamp duty on top, and lose most of their potential profits. Many people couldnt be bothered building and will bid prices up because they want a house ready to move into. You should be able to build a new house in 3 months. If you buy built there may be alot of other costs built in to the price such as 2 or 3 x agents commision, landscaping, builders/developers/owners profits. Most houses are poorly designed and very poorly orientated in relation to the sun. If you build it yourself you can have it designed how you want and have appliances, utilities and style to suit your target tenants if it is a rental, and acheive higher yeilds and minimum vacancies.

 

I have no problems building a house its not much of a big deal for me

I am just researching costs of loosing depreciation vs lost of income due to no tenants before build stage

 

Also factor in if you renovate you can add your own depreciation to the older property..