Hi guys,
I need clarification on the following scenario:
- I purchased an IP in May which settled a week before June 30th 2014.
- No rental income was marked in June 30th, 2014 statement.
- In 14 July 2014 statement, rental income was outlined as being paid from 20 Jun 2014 - 10 Jul 2014.
In short, can I claim depreciation for 2013-14 financial year?
Thanks heaps!
I need clarification on the following scenario:
- I purchased an IP in May which settled a week before June 30th 2014.
- No rental income was marked in June 30th, 2014 statement.
- In 14 July 2014 statement, rental income was outlined as being paid from 20 Jun 2014 - 10 Jul 2014.
In short, can I claim depreciation for 2013-14 financial year?
Thanks heaps!