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thanks Simon

Hi, i am new to all this.... if you depreciating the building, when u sell the property, will the ATO then sees a higher capital gain since the building has been depreciated? (selling price - land price (building price is not included since its depreciated) i may be wrong here.. pls...

hi, i am purchasing a land and will be building a house on the land ->IP. land cost around 120k, building cost around 200k. I am thinking of depreciating the building as well. Can someone please highlight some pros and cons for depreciating the building? Do you think it is worth...