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Yes, though the order in which you do things will depend on whether the property has been tenanted prior to and following the renovation. For a start, you'd want to get a depreciation schedule regardless of whether you were going to renovate or not. Even on an unrenovated property we can...

I'll back this up but I will have to qualify it. Because the property is new-ish then it is possible that we can do this but you would have to be certain that no changes have been made in the interim period. If additions have occurred, well, see my previous post in this thread: you are...

To confirm what others have said, yes. All plant and equipment items are revalued from the settlement date. Given that the largest deductions occur in the first few years you would essentially be kissing these goodbye if you continued using someone else's report from where they left off.