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Reply: 2.1.1 From: Les . I've got another $10 that says John P knows the facts better than your accountant. The ATO will need to have you use a QS if you don't have the original depreciation schedules (it sounds like you don't, if the property wasn't built/bought as an IP initially). G'day...

Reply: 1.1 From: Les . G'day Glen, I, too, would like to pass on my congrats. And (having seen The Wife pass up on a direct answer) I figure I need to consider the saying "Fools rush in where angels fear to tread" before answering. Ummm... Ponder ... Nnnn ... Y... Mmmm Ah, what the...