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well what can i do for the land component..i mean cannot be claimed anyway in tax right now correct as it was purchased 2 years ago as prop. what i did was...purchase price. was 430k....just before granny flat built, got a proper bank valuation...which came back at 500k.... since then...

hi depreciator, thanks what I meant was that was sufficient information to produce one. its my first time, is it not that a depreciation schedule can only be prepared by ATO approved surveyors can only make one. thanks

Hi All, Thanks for the help earlier. I have a separate 130k construction loan setup for the granny flat. GF is almost finished n my broker will keep a separate loan account for GF, which he has setup interest only... also will have a separate personal account, where only GF rent would go...