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The ATO have an entirely reasonable expectation that you only claim recompense for money actually spent.

It's good to hear they aren't keen to take your money if they don't think it's worth it. Your accountant is taking care of some of the Assets already. How long have you owned the property for? How old are the renos? Got any photos?

In this case, it sounds like you would know the costs of most of the stuff that would go into a Dep Schedule. Your accountant will know what to do with those costs.