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    Depreciation applied retrospectively

    Reply: 1.1.1.1.1.1 From: Owen . The thing that is confusing me is the fact that with a recent purchase, the depreciation schedule values were determined by the purchase price. The property was 8 years old when bought. The values of the individual items in this report are much greater than...
  2. O

    Depreciation applied retrospectively

    Reply: 1.1.1.1 From: Owen . Dale, I bought an apartment 3 years ago that was built in 1934 (no building depreciation here) but had been renovated a few years before purchase and was in good condition. I was like Lotana and didn't know about QS reports and never got one. I have got reports...
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