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From: Trina Blum
Hi,
I am intending on buying my first IP next year and have looked at a demo of the PIA software.
My question is regarding the depreciation aspect. Does the software automatically work out the depreciation on the buildings etc by me putting in the date the building was built, or do I have to know myself what the depreciation rate/percentage is?
I am a real novice as far as actually working out cashflow for a property - I don't know how so I am looking for a programme that I can enter in all the information I know of for a unit I may be considering and the programme will work out for me if it is positive or negative cashflow and the amount.
Does the PIA software do this?
Trina
Hi,
I am intending on buying my first IP next year and have looked at a demo of the PIA software.
My question is regarding the depreciation aspect. Does the software automatically work out the depreciation on the buildings etc by me putting in the date the building was built, or do I have to know myself what the depreciation rate/percentage is?
I am a real novice as far as actually working out cashflow for a property - I don't know how so I am looking for a programme that I can enter in all the information I know of for a unit I may be considering and the programme will work out for me if it is positive or negative cashflow and the amount.
Does the PIA software do this?
Trina
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