depreciation schedules

[mogul]

hi all, i have just bought IP in outer suburbs of north brisbane. it was a house and land package. total cost $355k. i was just wondering if anyone would roughly know how much depreciation i will be able to claim? also does anyone know a good quantity surveyor for that part of brisbane? thanks

 

[HandyAndy888]

Hello...

Depends on the age of the house..if its brand new, you will be able to depreciate "everything"...

 

[Rixter]

I depreciate on average 60% of the purchase price on my new or near new property.

I can recommend -

Scott from Depreciator

Paul from Deppro

Hope this helps.

 

[mogul]

hi rixter,
over what period of time?

 

[Rixter]

hi rixter,
over what period of time?

Mogul, over the life of the report with the majority of that being in th first 10 years or so depending upon if you and/or your accountant elect to go prime cost or deminishing value methods.

Hope this helps.

 

[Kenny]

I depreciate on average 60% of the purchase price on my new or near new property.

I can recommend -

Scott from Depreciator

Paul from Deppro

Hope this helps.

Hi mogul,

I am happy to second Rixter's recommendations for depreciation schedule providers. I've used them both and found them both efficient and professional.

regards,

Kenny