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From: Kevin Rogers
So far my wife and I have bought investment properties through property investment promoters. All of them, so far, have recommended that we buy new properties rather than older properties because the depreciation tax deductions on building cost and fittings are much higher?
This seems to make sense, but is there a valid case for sometimes buying older properties?
So far my wife and I have bought investment properties through property investment promoters. All of them, so far, have recommended that we buy new properties rather than older properties because the depreciation tax deductions on building cost and fittings are much higher?
This seems to make sense, but is there a valid case for sometimes buying older properties?
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