G'day All,
Looking at an old apartment block (1960's) which recently (approx. 12 months ago) had a large amount of waterproofing works done to the roof.
Would this be claimable as a renovation to the common area on your depreciation schedule?
I have already received an answer from one provider that yes this would be ok, however I thought I might throw it out to the crowd to see if there was a second opinion.
Looking at an old apartment block (1960's) which recently (approx. 12 months ago) had a large amount of waterproofing works done to the roof.
Would this be claimable as a renovation to the common area on your depreciation schedule?
I have already received an answer from one provider that yes this would be ok, however I thought I might throw it out to the crowd to see if there was a second opinion.