Recent content by spectator

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    Is it worth getting a depreciation report for one year?

    Hi, Thanks for all the advice. I know it is while ago now but thought I would post back to benefit those in a similar situation. We had the depreciation schedule done last week and it has been well worthwhile with $7000+ of deductions for the 1st year (plus some for July and most of August...
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    Is it worth getting a depreciation report for one year?

    We will be renting out our current house and need to get one done for here so we could probably show some photos and get an idea at that time about whether it is likely to be worth getting done. thanks
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    Is it worth getting a depreciation report for one year?

    Thanks Neil True enough, but I'm not sure I'd want to hassle the tenants with an access request for $1 and I don't want to delay my tax refund by waiting until we move in. Hmmm ... decisions
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    Is it worth getting a depreciation report for one year?

    Hi there, We bought a house as an IP just over a year ago but will be moving in at end of lease. I was wondering whether it would be worth getting a depreciation report done given it will be rented for such a short period of time. Details are as follows: 4 bedroom place built early 1985...
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    Deductibility of ACT stamp duty and length of rental

    Thanks K2B Looking forward to making the move
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    Deductibility of ACT stamp duty and length of rental

    Hi We purchased a property in the ACT last year, initially as an investment but with the intention of moving in later on as our house is getting too small for 2 kids -not to mention when we have pesky long stay guests ;). I understand that in ACT stamp duty is deductible in the year it is...
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    LOC interest ?

    They just raised our viridian LOC interest rate by 0.025% instead of 0.25%.
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    More IP to PPOR questions

    Hi Great forum. I'm considering buying an IP in the ACT which we may later use as our PPOR. I have read that in the ACT, stamp duty for an IP is tax deductible in the year it is incurred as they are on a crown lease. Would there be a minimum requirement for how long you had to keep the...
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