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Thanks for your reply. I have signed up to another insurre offering accidental damage for any future damage to the property by tenants. re: Q1 - I'm glad i can use the formula myself to depreciate Q2 - So i need to write off the remaining value - damn Q3 - Great - im glad i can...

Hi all, Looked through a few threads but couldnt find the answer I need. Situation: I do my own tax returns. I have a 2 story Townhouse IP 2 years old - QS depreciation report done when new (bought house on completion). Property has floating floorboards downstairs and carpet in staircase...