Hi all,
I'm a new investor looking to purchase my first IP, and I'm wondering how do I determine how much depreciation to factor in when I'm trying to estimate cash flow for a new H&L or new townhouse development? I assume it will differ with respect to land size/value, purchase price, quality and quantity of fixtures & fittings etc...
Any help is much appreciated!!
Sam
I'm a new investor looking to purchase my first IP, and I'm wondering how do I determine how much depreciation to factor in when I'm trying to estimate cash flow for a new H&L or new townhouse development? I assume it will differ with respect to land size/value, purchase price, quality and quantity of fixtures & fittings etc...
Any help is much appreciated!!
Sam