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Thanks. Makes sense and thought so. Do you think it will apply to say fence that is purely capital works deduction. ie if old fence is removed and new one put in, will old be available for upfront deduction?

What are the thoughts on claiming deduction for a kitchen that one would scrap/dispose. Say the Depreciation report valued it at $5,000. Investor puts in a new one at $15,000. Does it mean in Year one, the claim will be $5,000 + Depn on the $15,000? If yes, that would also suggest the...