When hunting for new property, I read that the builder of the development may provide a depreciation schedule so you can assess the cash flow before you buy.
I attended an open for inspection for a new townhouse. I asked the agent if they had a QS. He said "no, most places won't provide you with one".
Is this correct? If it is, how do I estimate the depreciation benefit BEFORE buying and without paying for a report (happy to pay for report once bought, but just want an estimate to assess cash flow).
Thank you.
I attended an open for inspection for a new townhouse. I asked the agent if they had a QS. He said "no, most places won't provide you with one".
Is this correct? If it is, how do I estimate the depreciation benefit BEFORE buying and without paying for a report (happy to pay for report once bought, but just want an estimate to assess cash flow).
Thank you.