I am looking in an area for an IP and most of the houses had been built in 1985. My question is how do you accurately determine building commencement date for the 4% depreciation. I have spoken to local council whilst helpful they cant tell exactly when a house was built only inspection dates.
One employee said first inspection date is after the slab was done another said that the first inspection date could be checking out the vacant block prior to turning the first sod. Any ideas?
Scott
One employee said first inspection date is after the slab was done another said that the first inspection date could be checking out the vacant block prior to turning the first sod. Any ideas?
Scott