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Yes, can I email you at your email address below?

the tenants are already there, the building inspectors put the value of house to be in 1960?

When do you bring the depreciator in? after settlement?

haha!! Thanks!! :)

I think I get it now, correct me if I am wrong. We do Tax Depreciation Schedule for the things which we didn't "pay" for, so we need an estimated value. For the things we pay for, we know the values and can use it without having to estimate the value.

I understand that I need to do a Tax Depreciation Schedule after I purchase my IP. Question is: - do I need to re-do my Tax Depreciation Schedule if I were to change carpets in my 2nd year?