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    Depreciation for properties over 50 years old

    Thanks for all the responses. Sounds like a schedule is the way to go !
  2. V

    Depreciation for properties over 50 years old

    Is there any point in getting a depreciation report for a property over 50 years old? As soon as it was purchased (last year) I renovated quite a bit of it, the kitchen, bathroom, replaced the hot water system, carpets, oven, fixed up a few tiles. What can I claim other than my recent...
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