Just wanted to let people know about my experience with Deppro.
After completing our renovation in Brisbane, we book a quantity surveyor with Deppro. They send me an application form, of which one of the questions is, Please list value of all amendments/renovations made to property since you bought it. The completed form is returned to them, explaining that a full reno was done on the property, and a list would be made available to them on day of inspection.
I was not impressed. I muttered under my breath while I compiled a four page spreadsheet for all products, down to every nail, we had bought for the renovation.
The quantity surveyor comes. He says "I have good news and bad news. The good news is that I'm here. The bad news is that I don't have to be here."
Huh?
It turns out that because we did a renovation and then got a quantity surveyor in, we already had receipts for the work we did and therefore didn't need him. Our mistake was not getting him in in the beginning when we bought the house even though at that time it was just our PPOR.
Therefore the lesson was - Get a quantity surveyor into your house when you buy before you renovate, if there's any chance of it turning into a rental.
I was very impressed with Deppro. Why? He turned up even though he could have explained it all on the phone; he walked through the house and confirmed that the only old stuff left that he could depreciate was a front porch light and a hot water heater; and they gave me a full refund back.
Very positive experience.
Disclaimer: I am not related to Deppro in any way. This is a true experience.
After completing our renovation in Brisbane, we book a quantity surveyor with Deppro. They send me an application form, of which one of the questions is, Please list value of all amendments/renovations made to property since you bought it. The completed form is returned to them, explaining that a full reno was done on the property, and a list would be made available to them on day of inspection.
I was not impressed. I muttered under my breath while I compiled a four page spreadsheet for all products, down to every nail, we had bought for the renovation.
The quantity surveyor comes. He says "I have good news and bad news. The good news is that I'm here. The bad news is that I don't have to be here."
Huh?
It turns out that because we did a renovation and then got a quantity surveyor in, we already had receipts for the work we did and therefore didn't need him. Our mistake was not getting him in in the beginning when we bought the house even though at that time it was just our PPOR.
Therefore the lesson was - Get a quantity surveyor into your house when you buy before you renovate, if there's any chance of it turning into a rental.
I was very impressed with Deppro. Why? He turned up even though he could have explained it all on the phone; he walked through the house and confirmed that the only old stuff left that he could depreciate was a front porch light and a hot water heater; and they gave me a full refund back.
Very positive experience.
Disclaimer: I am not related to Deppro in any way. This is a true experience.