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  1. WASP

    Building a new investment property

    There is no itemised breakdown though (should have made a depreciation report part of the deal :( ). Builders probably don't give you exact breakdowns as you can then compare items and see profit margins (though they would be getting bulk discounts).
  2. WASP

    Building a new investment property

    I agree :D Though have read here on somersoft, that it's not required for a new property?
  3. WASP

    Building a new investment property

    If you build a new investment property what documents do you need at tax time for depreciation purposes? Do you just give your accountant a copy of the contract price and they work out all the various depreciation rates applicable ? Any other tips on what else to claim ?
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