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Cales405 Yes, you are right, the 2009 govt initiative is a bonus 50% depreciation in addition to the normal 100% depreciation over time of the asset. No complication as the acquisition process did not use leasing. It was funded with revalue/refinance process from my other IPs, then I lend...

At the height of the GFC, the Govt provided a bonus of 50% depreciation in addition to the normal depreciation of assets acquired by small business (less than $2m turnover). I have a trust with ABN and it has an IP with more to be acquired in future following a strategy of revalue/refinance...