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Anonymous
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From: Anonymous
I have just purchased a 3 year old Villa in Sydney and was wondering if anyone had any advice/experience with using a Quantity Surveyor to maximise Depreciation information. During a previous purchase my old accountant and I just did a rough estimate of fittings as no building depreciation was applicable. I believe for about $800 I can get a full building and fitting depreciation report prepared by a Quantity Surveyor and this is also accepted by the Tax Department in case of audit. The Quantity Surveyor is saying that I could expect a much higher and complete depreciation schedule if undertaken by themselves and the $800 cost would be quickly recouped(I wonder?). Any Accountants or players have any advice/experience on this matter. Also, any recommendations on suitable QS's in Sydney?
Thank you
I have just purchased a 3 year old Villa in Sydney and was wondering if anyone had any advice/experience with using a Quantity Surveyor to maximise Depreciation information. During a previous purchase my old accountant and I just did a rough estimate of fittings as no building depreciation was applicable. I believe for about $800 I can get a full building and fitting depreciation report prepared by a Quantity Surveyor and this is also accepted by the Tax Department in case of audit. The Quantity Surveyor is saying that I could expect a much higher and complete depreciation schedule if undertaken by themselves and the $800 cost would be quickly recouped(I wonder?). Any Accountants or players have any advice/experience on this matter. Also, any recommendations on suitable QS's in Sydney?
Thank you
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