Buyers fees can't be depreciated. I think that's what you were asking above. Depreciation relates to the wear and tear on structures and fixtures and fittings. As Redwing said, most people would add them to the cost base for CGT calcs down the track. As Redwing alluded, there is one BA who tells people his fees can be claimed as an expense. His clients will be in for a surprise one day.
Sinking funds tend to be used for maintenance around a property. As such, I would imagine most accountants would claim sinking fund contributions as a deduction.
Special Levies are more complictated. They are usually imposed when a building needs some major work e.g new balcony railings. The nature of the work funded by the levy dictates how it should be treated. If the work is Capital (or building stuff) then the levy contribution would be claimed at 2.5%. The above is just my opinion. I would say there are lots of people who claim special levy contributions as immediate deductions. I reckon they would be in strife if the ATO quizzed them.
Scott
Sinking funds tend to be used for maintenance around a property. As such, I would imagine most accountants would claim sinking fund contributions as a deduction.
Special Levies are more complictated. They are usually imposed when a building needs some major work e.g new balcony railings. The nature of the work funded by the levy dictates how it should be treated. If the work is Capital (or building stuff) then the levy contribution would be claimed at 2.5%. The above is just my opinion. I would say there are lots of people who claim special levy contributions as immediate deductions. I reckon they would be in strife if the ATO quizzed them.
Scott