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Reply: 1.2.1 From: Dale Gatherum-Goss Hi Yes, it will. Does the vendors statement refer to "Capital Works" or "Division 10D claims" or, for that matter, any large amounts depreciated at 2.5%pa? If so, that is the building. Dale

Reply: 1 From: Dale Gatherum-Goss Hi Derek No, you cannot. You will need to organise a Quantity Surveyors report and they will identify what costs you can depreciate for tax purposes. Congrats on the IP. That's great! Dale