Hi,
Just bought my investment property in Perth & rented it out.
Planning to get some works done around the house.
1) To replace gutter which have rusted throught
2) To replace swimming pool filtration system
3) To replace bath room tiles which have popped out when tenant moved in
Does it matter if I engage a quantity surrveyor to do a depreciation of the property before or after the above works have been carried out? Which will have more advantages from tax depreciation perspective?
Thanks to all reply.
Just bought my investment property in Perth & rented it out.
Planning to get some works done around the house.
1) To replace gutter which have rusted throught
2) To replace swimming pool filtration system
3) To replace bath room tiles which have popped out when tenant moved in
Does it matter if I engage a quantity surrveyor to do a depreciation of the property before or after the above works have been carried out? Which will have more advantages from tax depreciation perspective?
Thanks to all reply.