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Point taken! Just the slap on the face I needed. ;) I am working on this investor mind-set!

Thanks Propertunity for that info! If i didnt get a depreciation schedule done this tax is it possible for it to be backdated if i got it done in time for next years tax? I am in the middle of changing property managers so would prefer to wait until that is over and done with. Maybe I should...

Basically during the 08/09 financial year my ppor was turned into an ip. I am just now organising my tax return and touching base with an accountant for the first time since this has happened. (yes realise this is probably a bit late but better late then never). I called and asked what I...