Search results

  1. Propertunity

    Determining depreciation for cash flow estimate

    No, you don't depreciate land. :) Yes, to a point. To get an accurate amount you need a QS (quantity surveyor), however as a rule-of-thumb, for a house on land say a 4,2,2 I'd allow about $15K of depreciation in year 1. Cheers, Alan
Back
Top