Hi all,
I was wondering whether it is always worthwhile getting a depreciation schedule on an IP or does it depend on the age/condition of the property. My IP is an older weatherboard house in pretty good condition. Is there a point where the cost of getting the schedule done is more than the benefit?
Thanks
I was wondering whether it is always worthwhile getting a depreciation schedule on an IP or does it depend on the age/condition of the property. My IP is an older weatherboard house in pretty good condition. Is there a point where the cost of getting the schedule done is more than the benefit?
Thanks