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Hi Owen, what a good idea... I'll run it by my accountant & may apply it if I purchase an IP in need of some TLC... Cheers, MannyB.

I should add to my earlier post the following: In terms of doors, I had a couple with holes in doors in an IP & filled them & sanded them back & basically repainted them & looked as good as new (Note: one needed some timber filling with some liquid nails b4 I could fill it, but turned out...

Hi Shaun, what I suggest you do is perform most of the repairs yourself (if you have the time, keeping the cost down) & make it look even better than the one next door... then just get a Quantity Surveyor out to produce a depreciation schedule, which would be quite tax effective for the years...