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  1. D

    Depreciation renovating IP - Melbourne

    If it's a rental property, you will claim what you spend on it. New bathroom, kitchen and paint = 2.5%. Carpet, appliances, curtains/blinds etc get written off more quickly.
  2. D

    Depreciation renovating IP - Melbourne

    Chances are the stuff you tossed out was too old to have any value. If you want to send me some 'before' photos, I can confirm. I'll also need to know when you bought the property. Scott
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