Hi all
Ive just settled a duplex in Mt Isa. The blding is 30y, both units have received full reno's. The report is going to cost me about $1100 GST inc. My acct says that I should not depreciate the units as it will hurt me when it comes time to sell in 5 to 8 years. All the books tell me to do the opposite. Looking for your thoughts and comments...
Thanks Wayne
Ive just settled a duplex in Mt Isa. The blding is 30y, both units have received full reno's. The report is going to cost me about $1100 GST inc. My acct says that I should not depreciate the units as it will hurt me when it comes time to sell in 5 to 8 years. All the books tell me to do the opposite. Looking for your thoughts and comments...
Thanks Wayne