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Another quick thing: 1985 isn't really relevant any more, which is something that has escaped a lot of investors and accountants whom I've talked to. It was important up until a couple of years ago, but that pertained to the period of time between July 1985 and September 1987 when Div 43...

Hi MelbInvester, Those estimates are entirely reasonable for a property of that age and in most circumstances you'll come out ahead even in one year. Think about it this way: most taxpayers will get at least a third of their deductions back as a tax saving and you're looking at a deduction of...