K kristy77 16th Jul, 2007 #1 Wondering how soon after purchasing an IP should I get a quantity surveyor in???
emu 16th Jul, 2007 #2 I have a IP settlement this thursday and will organise to have a depreciation schedule done within the next 2 weeks before the tenant moves in. You can back claim depreciation for previous years , but i'm not sure how many.
I have a IP settlement this thursday and will organise to have a depreciation schedule done within the next 2 weeks before the tenant moves in. You can back claim depreciation for previous years , but i'm not sure how many.
Rickardo 16th Jul, 2007 #4 kristy, i would say as soon as you can - but definitely before you lodge your next tax return so you don't miss out on any depreciation.
kristy, i would say as soon as you can - but definitely before you lodge your next tax return so you don't miss out on any depreciation.
Rixter 16th Jul, 2007 #5 kristy77 said: Wondering how soon after purchasing an IP should I get a quantity surveyor in??? Click to expand... As soon after settlement as you possibly can organise, so you can include it in your ITWV for immediate tax relief.
kristy77 said: Wondering how soon after purchasing an IP should I get a quantity surveyor in??? Click to expand... As soon after settlement as you possibly can organise, so you can include it in your ITWV for immediate tax relief.
Rixter 16th Jul, 2007 #6 emu said: You can back claim depreciation for previous years , but i'm not sure how many. Click to expand... My understanding is you can claim up to 4 year retrospective.
emu said: You can back claim depreciation for previous years , but i'm not sure how many. Click to expand... My understanding is you can claim up to 4 year retrospective.