Hi gang!
I've finally got around to organising a Depreciation Schedule on our IP. This is all new for me (or I would have done it before the tenant was in) so I am asking for some help.
What should I be asking the surveyor?
How can I best improve the report figures?
The IP was our old home, and we rented it out in Feb. It's 50+ years old, so we're only talking about renovations and fixtures etc. I have receipts for some, but much of the work was done by yours truly, so I think I'd prefer his 'blind' figures.
Any thoughts or wisdom would be much appreciated.
I've finally got around to organising a Depreciation Schedule on our IP. This is all new for me (or I would have done it before the tenant was in) so I am asking for some help.
What should I be asking the surveyor?
How can I best improve the report figures?
The IP was our old home, and we rented it out in Feb. It's 50+ years old, so we're only talking about renovations and fixtures etc. I have receipts for some, but much of the work was done by yours truly, so I think I'd prefer his 'blind' figures.
Any thoughts or wisdom would be much appreciated.