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From: Peter Vranes
I'm presently looking at a few townhouses and am not too sure what i should include for depreciation of fixtures and fittings. For one of the properties the agent has provided a depreciation schedule with the fixtures and fittings at about $7,000. This seems very low considering the asking price is around $380,000. Can anyone give me an indication as to what the value of fixtures and fittings are for new townhouses?
I'm presently looking at a few townhouses and am not too sure what i should include for depreciation of fixtures and fittings. For one of the properties the agent has provided a depreciation schedule with the fixtures and fittings at about $7,000. This seems very low considering the asking price is around $380,000. Can anyone give me an indication as to what the value of fixtures and fittings are for new townhouses?
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