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    ?Available for Rent? Tax Ded Question

    Its currently fully tiled but my intention is not to rip the tiles up, just lay hardwood over the top - A lot of tiles are cracked & i don't have like for like replacements. Are there any other ways i can prove my "intent" without advertising the property for rent? ie... I already own a PPOR...
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    ?Available for Rent? Tax Ded Question

    Hi Chris thanks for the advice, its much appreciated! The house was built in 1976 so not much dep on that part, & I'm planning on replacing the flooring in the entire house & furnishing.
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    ?Available for Rent? Tax Ded Question

    Thanks for the info gents! I don't have a current depreciation schedule. So, the best way to go about this would be: 1: Make the IP available for rent first. 2: Demo the bathroom. 3: Get a scrapping schedule - QS. 4: Install the new bathroom. 5: Get a diminishing schedule - QS.
  4. Cards

    ?Available for Rent? Tax Ded Question

    Hi Guys, Just wondered if anyone has any info on this? I've just purchased an IP property & I'm planning on renovating the bathroom - Around 5k. The property isn't advertised for rent as yet, because I think I the bathroom needs replacing before I rent the house out to maximise the rent &...
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