Hi,
Just wanting to get your thoughts/opinions about whether it is worth getting a depreciation schedule on a 30 yr old IP that I will acquire in December.
With: original kitchen and tile + parquetry flooring, 10yr old carpet in bedrooms, 1 x air RC air conditioner, 2006 solar HWS, 2 x small sheds and a non-approved granny flat).
which I plan to make my PPOR in 2 years...?
Obviously CGT when sold is increased by whatever I claim, but I am wanting to assess a depreciation schedule's value in this circumstance.
Cheers
Just wanting to get your thoughts/opinions about whether it is worth getting a depreciation schedule on a 30 yr old IP that I will acquire in December.
With: original kitchen and tile + parquetry flooring, 10yr old carpet in bedrooms, 1 x air RC air conditioner, 2006 solar HWS, 2 x small sheds and a non-approved granny flat).
which I plan to make my PPOR in 2 years...?
Obviously CGT when sold is increased by whatever I claim, but I am wanting to assess a depreciation schedule's value in this circumstance.
Cheers
Last edited: