Hi all, Is it fair enough to replace insulation in a property after 3 years of being leased out? Not sure what is considered an acceptable time before you could consider claiming such a deduction. Thanks
Its often more harmful to remove insulation. Airborne particles like lead accumulate on it. Especially around airports and major roadways. Fibreglass doesnt degrade. It is glass. Its non-deductible and considered capital works so a 40 year write-off.
Insulation doesn't need to be replaced very frequently unless there has been damage in the property that has subsequently damaged the insulation eg a leaky roof has wet the ceiling insulation. After 3 years I doubt the insulation would be worn out.
You can buy containers of second hand insulation. Probably a pain to work with and slow to install has to be weighed up v's savings. Like bricks is it worth trying to use them ?
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