Search results

Thank you very much, Jonathon. You have given me a clearer picture. I have now concluded that if you're planning to bank on your property capital growth, it may not be to your advantage claiming on depreciation, since your tax only gives you 30% (I'm average income earner) back of say $5000...

I have never sold any house yet, so this is new for me. When I sold a rental unit where I am claiming depreciation from, how is it going to affect my after sale profit? when disposing this unit, I need to make sure that I'll at least break even.