PropertyInvesting.com | depreciator | Activity https://www.propertyinvesting.com/members/depreciator/activity/ Activity feed for depreciator. Tue, 14 Apr 2026 22:59:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 3a11099bc74976343ddcff70a2eecf4b depreciator replied to the topic Depreciation Schedule in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4402741-depreciation-schedule-17/#post-4641619 Fri, 25 Feb 2011 05:08:01 +0000 It's a bit complicated. If you have been using the Low Value Pool, and the Assets (stove etc) you tossed out were in the Pool, they really should stay there. The new Assets you add – if they are between $300 and $1,000 – need to go into the Pool (if you're using it).The structural work you have done you will claim at 2.5% under the building a…[Read more]

]]> 6ffad5c6c4359b69e7bda6668e9a7737 depreciator replied to the topic Asbestos removal in the forum Help Needed! https://www.propertyinvesting.com/topic/4401835-asbestos-removal-3/#post-4635844 Thu, 11 Nov 2010 04:56:13 +0000 Did you know it's possible to claim the cost of removing asbestos in an IP as a tax deduction? There is an ATO ID on this: ATO ID 2004/720I'd say you would need to rent the place out for a while before doing the work.Scott

]]> e61486494e343be2168d6daa61265c0c depreciator replied to the topic Quantity Surveyors: backdating depreciation schedules and tax adjustments? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401225-quantity-surveyors-backdating-depreciation-schedules-and-tax-adjustments/#post-4632023 Thu, 11 Nov 2010 00:04:23 +0000 Gosh, it's ages since I've been here – someone told me my name was mentioned.Emma, in terms of redressing things, much will depend on what you have claimed and how up to date your tax returns are. As Neil said, there are a few things in play here.To answer your question about getting a pre and post reno Schedule done, I would definitley get one p…[Read more]

]]> f43fe2a4af34d76b0c9372624a9c2607 depreciator replied to the topic Replacement of Fixtures & Fittings - Depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397522-replacement-of-fixtures-fittings-depreciation/#post-4610300 Wed, 21 Oct 2009 01:35:58 +0000 Yep, that would be fine. Just knock a bit off the original value. It's more than likely going to be less than $1,000, too, so if you are using the Low Value Pool you can bung it in there.Scott

]]> 136636e326db2f135092a86b6038ba26 depreciator replied to the topic Depreciation schedule in Kingaroy in the forum Help Needed! https://www.propertyinvesting.com/topic/4397372-depreciation-schedule-in-kingaroy/#post-4609572 Wed, 30 Sep 2009 07:29:30 +0000 Our Sunshine Coast guy would go out to Kingaroy.Send me an email and tell me what you can about the property – attach photos if you have them – and I'll work out a cost and likely depreciation return.scott@depreciator.com.au

]]> 95c109c579bd2c7b21c78bab6f5073e7 depreciator replied to the topic Deprecation Schedule – If and from where? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397172-deprecation-schedule-if-and-from-where/#post-4608735 Mon, 07 Sep 2009 03:37:03 +0000 We do them.So do Washington Brown and BMT. We're all national.But we use qualified people to carry out inspections, so we'll be more expensive than the cheaper guys.Scott

]]> 4df7354d4f3f61a00786588adb56f3de depreciator replied to the topic claiming depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396670-claiming-depreciation-5/#post-4606259 Mon, 07 Sep 2009 03:22:39 +0000 Resi and commercial have different dates and some different rates.Some commercial started in 79. Then more in 82. Resi kicked off in 85.Commercial fitouts in buildings of any age can be claimed if the fitout was done post 82.Scott

]]> ce3d86ae730f0cbae09fb5bd36b90202 depreciator replied to the topic claiming depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396670-claiming-depreciation-5/#post-4606257 Mon, 24 Aug 2009 02:53:49 +0000 I thought there were a few QS here. I'll try and answer all your questions, Frosty:1. It doesn't matter what a previous owner has or hasn't done in regards to depreciation. In some commercial contracts of sale, there will be a written down value for Assets, but I've never heard of thgis happening in residential. (As an aside, if anyone os buying a…[Read more]

]]> 1ccb06f1eebb541266e90d873a8a3d4f depreciator replied to the topic TEST, Why is this property positive cash flow? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394319-test-why-is-this-property-positive-cash-flow/#post-4593294 Fri, 26 Sep 2008 06:46:29 +0000 With these sort of places, cleaning/laundry costs per visitor can often work out at 20% of the gross rent.You'd probably end up with a place that is neutrally geared.And hard to onsell.But you'd have somewhere cheap to holiday – it's not a bad place, Treetops.

]]> b8a1de8bc7533bd90e191d3073054b91 depreciator replied to the topic Depreciation Reports in the forum General Property https://www.propertyinvesting.com/topic/4394264-depreciation-reports/#post-4593068 Tue, 23 Sep 2008 04:31:16 +0000 If it's a pre 85 built property, you may not need a QS. With older properties, the building itself is not able to be depreciated (unless renovated post 85). So the only depreciation will be in the Assets – fixtures and fittings. Under the Self Assessment provisons, taxpayers are allowed to estimate the value of the stove, carpet etc. There are…[Read more]

]]> 05175218c993b0bae07e680ea8b54e26 depreciator replied to the topic Depreciation in the forum Finance https://www.propertyinvesting.com/topic/4394253-depreciation-22/#post-4593031 Tue, 23 Sep 2008 04:17:50 +0000 Depends on the total cost – any clues?Let's assume the house cost $140K in total.Of that $140K, maybe $125K will be 'building'. At 2.5%pa that's going to be $3,125 pa for 40 years from when the place was built.The remaining $15,000 is Assets (fixtures and fittings). These depreciate at different rates as Duckster said. You would possible claim a…[Read more]

]]> c56dae3ca792f6d389376cf8d04e3f65 depreciator replied to the topic Depreciation Report in the forum General Property https://www.propertyinvesting.com/topic/4394263-depreciation-report/#post-4593062 Tue, 23 Sep 2008 04:10:59 +0000 PropertySeeker,Ideally, a QS visits the property. But if it's a pre 85 built property, that may not make sense. Or if the property is in the middle of nowhere it might be too expensive. A good QS group (not mentioning any names) will work out a sensible solution.When you commission a Depreciation Schedule, pay for it, and use it in your tax, you…[Read more]

]]> 539a88932ebfc697cc74bf67420ea2ba depreciator replied to the topic Depreciation in the forum General Property https://www.propertyinvesting.com/topic/4394048-depreciation-21/#post-4592040 Mon, 25 Aug 2008 04:36:50 +0000 This one comes up alot.Anything you claim on the building is added back when you do your CGT calcs.Depreciation claimed on the Assets (fixtures and fittings) is NOT added back. And in many Schedules, there is more depreciation in the Assets than is claimed on the building.Scott

]]> 044adca274c93a05a2ac29223c1151b8 depreciator replied to the topic Good Depreciation Schedule in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4393572-good-depreciation-schedule/#post-4589452 Mon, 21 Jul 2008 01:35:31 +0000 Magic,The viability of doing a Depreciation Schedule on a pre 85 unit depends on two things: the quality of the Assets (fixtures and fittings) and the length of time you have owned the property.Let's say it's a recently purchased, pretty basic unit with no flash appliances. The depreciation in the first year may be around $800-$1,000. Second year…[Read more]

]]> 1dff253c4e87fcaf8c04c7184759d3be depreciator replied to the topic Building Depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4393316-building-depreciation-3/#post-4588042 Mon, 21 Jul 2008 01:11:09 +0000 I really must look at this forum more often.Sallyann, you may never read this response given your post was so long ago, but the ATO would likely regard the original building as a pre 85 structure and ineligible for the special building write-off (that's the 2.5%).Similarly, you would be pushing it trying to get a deduction for transport to…[Read more]

]]> f59ef3f475001a85d75e3bc1fd77b3c2 depreciator replied to the topic Port Macquarie Market Movement? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391999-port-macquarie-market-movement/#post-4581050 Fri, 18 Jan 2008 04:55:40 +0000 Prices up there have certainly come off over the last couple of years. The fact that Virgin are now flying jets there (ex Sydney only) is good for the holiday apartment market. I've also heard that developers are keeping their powder dry and no big new apartment buildings are imminent. That should reduce the over supply and perhaps help prices…[Read more]

]]> a4dbdfce30cc48594798ed3ab38b56c0 depreciator replied to the topic Quantity Surveyor / Depreciation question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391991-quantity-surveyor-depreciation-question/#post-4581012 Fri, 18 Jan 2008 04:35:10 +0000 I really must frequent this forum more often.mrtender, from your description of the work you are doing, it's all 'building' i.e. depreciable at 2.5%. So if you spend $20,000, that's $500 per year.If when you reno the kitchen, you replace the appliances, there will be higher depreciation in them.Also, you mention the house is around 20 years old. R…[Read more]

]]> b11e0b4c70d8e6aab5f7dd1ba1d74449 depreciator replied to the topic Help with Depreciation in the forum Help Needed! https://www.propertyinvesting.com/topic/4390180-help-with-depreciation/#post-4570583 Fri, 20 Jul 2007 05:50:03 +0000 Hi t803815,The $275 option is only for clients with a new property who have a contract with a builder that has a total price, plans, Asset list etc.  When all that information is available, the ATO want it to be used. We also usually have a chat with the builder when doing these. They don't come up very often. The gang would have just mentioned…[Read more]

]]> 2a85959cccf14f42f12c14427a920555 depreciator replied to the topic Help with Depreciation in the forum Help Needed! https://www.propertyinvesting.com/topic/4390180-help-with-depreciation/#post-4570581 Fri, 20 Jul 2007 04:54:45 +0000 'The folks at Depreciator must have changed their guarantee. 'Nope, it's always been that. I think we were the first company doing depreciation work to have a guarantee. They're pretty common now.We always like to have a QS inspect a property and put the costs together. I think the Australian Institute of Quanitity Surveyors (AIQS) also prefer…[Read more]

]]> a451130b27b5c7c3d5bab55430d329c4 depreciator replied to the topic Depreciation Schedule in the forum Yep. And yes many older https://www.propertyinvesting.com/topic/4390157-depreciation-schedule-11/#post-4570466 Wed, 11 Jul 2007 07:33:09 +0000 Yep. And yes many older properties yield decent depreciation.A good QS company will find out enough about your property, though, to make sure the effort and cost of getting a Schedule is worthwhile. That's what we do, anyway.Scott

]]> 60ba5f8a4daaca0a6d27d4c3cffb76c6 depreciator replied to the topic Depreciation schedule in the forum General Property https://www.propertyinvesting.com/topic/4389697-depreciation-schedule-10/#post-4567971 Thu, 07 Jun 2007 06:12:34 +0000 It doesn't happen anywhere, except with commercial property.Of course, there is an obligation on the part of vendors to provide construction costs if they know them, but few do.

]]> 9eaede415699f5d4764aa56be092711e depreciator replied to the topic Quantity Surveyor Necessary? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389191-quantity-surveyor-necessary/#post-4565710 Wed, 18 Apr 2007 02:33:55 +0000 Suzie, cars etc have book values, so it's easy to know what they are worth for depreciation purposes. Buildings are tougher, and the ATO has been saying to accountants for years that they cannot have a stab at construction costs because they don't have the relevant qualifications.If the builder can get actual costs, your accountant can use them.…[Read more]

]]> f5b12298476f79753ef155fd47f83370 depreciator replied to the topic painting while tennats in unit in the forum Help Needed! https://www.propertyinvesting.com/topic/4389127-painting-while-tennats-in-unit/#post-4565329 Tue, 10 Apr 2007 06:49:57 +0000 "An easy solution is to offer the tenant a couple of nights free accommodation in a near by hotel for a weekend and do the painting then.  Alternatively find out if the tenant is taking any long weekends away or holidays and do the painting whilst there gone."I've known people to do this and then be accused of damaging the tenant's property. Much…[Read more]

]]> 2c90e200a6c8a63efe8d5f11bc0e68e7 depreciator replied to the topic depreciation for refurbished properties? in the forum General Property https://www.propertyinvesting.com/topic/4389167-depreciation-for-refurbished-properties/#post-4565571 Tue, 10 Apr 2007 06:43:00 +0000 Ao, to answer your question:"just wondering if there's any significant differences between depreciation of brand-new properties and refurbished properties?"It depends entirely on the extent of the refurbishment and the nature of the work done. A renovation in a capital city can easily cost more than the price of a new project home.Scott

]]> e83cd62e566a968a791d59d5ee77d0fb depreciator replied to the topic Quantity Surveyor Necessary? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389191-quantity-surveyor-necessary/#post-4565708 Tue, 10 Apr 2007 06:36:25 +0000 Sq, if you have previously bought older properties – pre 85 built – the only depreciation in them has been in the Assets (fixtures and fittings). According to the ATO, it does not take any particular expertise to estimate the value of Assets.With a newer property, though, somebody will have to estimate how much it cost to build. The ATO has been…[Read more]

]]> d3f65ffeff17e5a9d04d77b2ce6f3ccf depreciator replied to the topic Depreciation and timing: what portion can be claimed if property is only leased part of a year? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389084-depreciation-and-timing-what-portion-can-be-claimed-if-property-is-only-leased-part-of-a-year/#post-4565158 Tue, 03 Apr 2007 05:14:56 +0000 Cadan,With the building, you need to pro rata the claim for the days in the year when the property was available to rent.The Assets (fixtures and fittings) are ascribed a value on the first available to let date. Scott

]]> ab16f6d45745ffc149b5368d144e12e3 depreciator replied to the topic Depretiation question in the forum Help Needed! https://www.propertyinvesting.com/topic/4388760-depretiation-question/#post-4563703 Thu, 08 Mar 2007 01:42:03 +0000 Someone (a QS would be ideal) will have to put a value on that 3 year old carpet.
Often, when people purchase commercial property there is a written-down value for Assets in the contract and the purchaser is stuck with them. This rarely happens with residential property.
So a QS will work out a value for the carpet, the stove, the air con, the…[Read more]

]]> f9a0d79da89b11aafc999d5ee51fd3a4 depreciator replied to the topic Depretiation question in the forum Help Needed! https://www.propertyinvesting.com/topic/4388760-depretiation-question/#post-4563700 Wed, 07 Mar 2007 03:23:55 +0000 Devo, I’m not exactly sure what you’re asking.
If you have, say, carpet and you depreciate it, when the value of the carpet gets to zero, that’s it i.e. you’ve written it off in full and there is no more to claim on that carpet.
Then when you put new carpet in, you’ll start to depreciate that.
Scott

Tax Depreciation Schedules
Australia wide…[Read more]

]]> eb8b3be3a2fa661159f2f09b9104e8d4 depreciator replied to the topic Finance wanted in the forum Finance https://www.propertyinvesting.com/topic/4388452-finance-wanted/#post-4562330 Fri, 16 Feb 2007 05:36:11 +0000 I suspect it’s not all that hard to find a term deposit rate at a bank that is higher than 6.25%.
Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> 9ff978adb25e9aaf5c55bd2ea98658c3 depreciator replied to the topic Depreciation; Old Home 'v' New Unit in the forum Help Needed! https://www.propertyinvesting.com/topic/4388430-depreciation-old-home-v-new-unit/#post-4562221 Tue, 13 Feb 2007 08:04:48 +0000 I wouldn’t use depreciation as something that really dictates a purchase decision. I sort of see it as icing on the cake. Yes, it can assist with affordability though. The new unit will give you more depreciation, but many people will say you’re better off with the home because you’re buying a plot of land and it’s land that appreciates.
I would…[Read more]

]]> fae91761084918c7e8a0fda4f1e3b076 depreciator replied to the topic Depreciation; Old Home 'v' New Unit in the forum Help Needed! https://www.propertyinvesting.com/topic/4388430-depreciation-old-home-v-new-unit/#post-4562219 Tue, 13 Feb 2007 06:32:13 +0000 It doesn’t really ‘work differently’ for homes vs units. Depending on when it was built, the building can be depreciated, as can the Assets (fixtures and fittings). If you mean which will yield more depreciation, a new unit will tend to give more than an old home. That’s a huge generalisation, but with more specifics from you I can be more…[Read more]

]]> 692bbe314c13d200606d182661d08588 depreciator replied to the topic Depreciation in the forum No Subject https://www.propertyinvesting.com/topic/4388349-depreciation-16/#post-4561728 Thu, 08 Feb 2007 00:06:54 +0000 Cherry Pro, just thinking a bit more about this:

Interest costs $29000 pa
Other property expenses $6500 pa
ie. total costs $35500

Rent $18500 pa
Depreciation $17000

I think you might be a bit confused. Depreciation is just another ‘outgoing’, or cost. It’s a tax deduction you treat the same as rates, management fees etc.
But it is a ‘non-cash…[Read more]

]]> b6c06e190a5f6eb06a24db05578fcdab depreciator replied to the topic Quantity surveyors in the forum No Subject https://www.propertyinvesting.com/topic/4388359-quantity-surveyors-5/#post-4561787 Thu, 08 Feb 2007 00:01:45 +0000 You need a Quantity Surveyor who understands depreciation – many don’t.
A QS will estimate the cost of that reno on 03. You will be able to write it off at 2.5%.
Then the QS will then put a value the Assets (appliances, carpet etc) as of the first available to let date i.e. when you made the property available to let.
Some of these Assets will be…[Read more]

]]> ab33215b19d6549069a0dd935b8e1b0c depreciator replied to the topic Depreciation in the forum Help Needed! https://www.propertyinvesting.com/topic/4388349-depreciation-16/#post-4561727 Wed, 07 Feb 2007 07:58:45 +0000 Julie, kitchens are building i.e.2.5%.
$17,000 depreciation Cherry Pro? That must be a pretty flash property. Where did you get that figure?
Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> d7a5ccd1f308b7491eae2846c4d5e1d5 depreciator replied to the topic Accountant ~ Newcastle in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388326-accountant-newcastle/#post-4561607 Mon, 05 Feb 2007 07:59:48 +0000 Guardian Partners are at Gosford. Bit of a drive, but Michael Armstrong is very good with property.
Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> fd6d6fca836788b2072fe3a99412de4c depreciator replied to the topic what are depreciation schedules? in the forum Creative Investing https://www.propertyinvesting.com/topic/4386852-what-are-depreciation-schedules/#post-4554943 Thu, 01 Feb 2007 00:56:31 +0000 Rob, if you’re a tradie, talk to your accountant. Do you have a company? Maybe you can do something about invoicing for your labour. Either way, I suspect you don’t need a QS this time. There will depreciation there to claim, but you’ll have the costs.
Scott

Tax Depreciation Schedules
Australia wide service
1300…[Read more]

]]> 800b77dc0e6d5d8ba1b0c5c287a8e3c6 depreciator replied to the topic Decking - reeded side up or down? in the forum Value Adding https://www.propertyinvesting.com/topic/4388270-decking-reeded-side-up-or-down/#post-4561417 Thu, 01 Feb 2007 00:49:20 +0000 I spoke to a forestry guy a few years ago and he said it’s a bit of a myth. Apparently there was a type of decking that had grooves put in one face to disguise checking i.e. marks. People thought it was put there to stop bowing or keep it dry underneath. So then there was an expectation that all decking had it. He said guys who work in timber…[Read more]

]]> bf9195da647fc265a94c664fae12b37d depreciator replied to the topic Capital loss and renevations in the forum No Subject https://www.propertyinvesting.com/topic/4388266-capital-loss-and-renevations/#post-4561405 Thu, 01 Feb 2007 00:27:06 +0000 Yes, but if you hold the property for longer than 12 months, you get the 50% CGT discount.
Devo, some of that $150K will be ‘building’ and some will be Assets (fixtures and fittings). Roughly speaking, the building component may be $140K. That’s going to depreciate at 2.5%pa i.e. $3,500pa. The remaining $10K may be Assets. They depreciate more…[Read more]

]]> ab2824e498ec07d9dca95a8e8de16b70 depreciator replied to the topic Going By The Book Is The Way To Go Broke in the forum No Subject https://www.propertyinvesting.com/topic/4388120-going-by-the-book-is-the-way-to-go-broke/#post-4560773 Wed, 31 Jan 2007 07:04:48 +0000 I tend to agree. I havejust read ‘0 – 130’ and it seems that 10% or 20% deposit is required to make most IP’s CF+. Where does the average single income family with a mortgage, kids and a car loan find between $10k and $50k each time to buy an IP, let alone legals and stamp duty

You’ll find that when Steve wrote that book (5 years ago?) the…[Read more]

]]> 42a67e81def728eb99e34838046c42ef depreciator replied to the topic Country town - going forward or backward? in the forum No Subject https://www.propertyinvesting.com/topic/4388197-country-town-going-forward-or-backward/#post-4561156 Tue, 30 Jan 2007 07:34:09 +0000 I remember someone saying once that when big retailers move into a town it’s a good sign because they have done lots of research and reckon the town is a goer.
Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> 790af8515dbe5eab978a67187212a078 depreciator replied to the topic what are depreciation schedules? in the forum Creative Investing https://www.propertyinvesting.com/topic/4386852-what-are-depreciation-schedules/#post-4554941 Tue, 30 Jan 2007 00:20:44 +0000 I just rang a quantity surveyor to get a dedepreciation schedule for my properties and she said that i’d be wasting my time cause i’ve done all the renovations myself and have the reciepts. Is this true

Hi Rob,
That QS could well be right. It depends in part on the extent of the renos and the age of the property.

Scenario 1:
It’s a pre 85 built…[Read more]

]]> 9b87dc5bd7b46d63675ea42e1c99f754 depreciator replied to the topic Lucky Lost in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388160-lucky-lost/#post-4560982 Mon, 29 Jan 2007 03:01:33 +0000 Hi Wayne,

Yep, you can claim depreciation. That luck just keeps coming…

Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> 7f847ca6b0a338aba43631b9258881fb depreciator replied to the topic Depreciation schedule-when does it start from? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388173-depreciation-schedule-when-does-it-start-from/#post-4561047 Thu, 25 Jan 2007 05:54:48 +0000 We’re gonna go through deppro anyway to get one, just wanted to find out if it’s worth saving $500+ to get the schedule from the owners, and whether we can even then use it.

Why not ask Deppro if it’s worthwhile? We always look for the most cost effecient way to help our clients.

1. The building starts depreciating from when it was built. In…[Read more]

]]> 8a70ccd7240f062d3aad3a303a4a16e5 depreciator replied to the topic Quantity Surveyors in the forum Help Needed! https://www.propertyinvesting.com/topic/4388114-quantity-surveyors-4/#post-4560740 Thu, 25 Jan 2007 01:23:09 +0000 Glad we flushed you out, cv2me. I do feel it’s polite for business representatives to identify themselves by name, though.

You claim to be a quantity surveyor.

I have never claimed to be a QS myself. I run a business. But I reckon I know the rules relating to depreciation better than most QSs. I do know, for example, that there is a glaring…[Read more]

]]> 162f0e2a2eb1fc6feb19e0c293f33ff8 depreciator replied to the topic Quantity Surveyors in the forum Help Needed! https://www.propertyinvesting.com/topic/4388114-quantity-surveyors-4/#post-4560738 Wed, 24 Jan 2007 06:12:49 +0000 How spooky.

A very first post by a new member on PI at 11.23 on a Tuesday night talking up a company (and enclosing a link).

And a very first post by a new member on Somersoft at 11.08 on the same night talking up the same company.

The members and moderators of these sites take a dim view of companies anonymously touting for business. It’s rude…[Read more]

]]> 563a9d50a411e829bef6205b8f6c850d depreciator replied to the topic Accountant in Sydney Hills Area in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388089-accountant-in-sydney-hills-area/#post-4560672 Tue, 23 Jan 2007 07:16:32 +0000 Yep, he has an office at Bella Vista.

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> 8ab74409e342a9536032f0a1bd27ea35 depreciator replied to the topic Quantity Surveyors in the forum Help Needed! https://www.propertyinvesting.com/topic/4388114-quantity-surveyors-4/#post-4560736 Tue, 23 Jan 2007 07:11:32 +0000 Modesty prevents me recommending us.

(But, gee, we’re good.)

As for the viability of getting a Schedule for just one year, it depends on how much depreciation is there and that is largely dictated by the age of the property and the quality of the fit out.

Give me a call if you’d like to discuss.

Scott

Tax Depreciation Schedules
Australia…[Read more]

]]> edafe0d64b25233630bf653421b50a89 depreciator replied to the topic Depreciation-Is it worth the hassle? in the forum Heads Up! https://www.propertyinvesting.com/topic/4387539-depreciation-is-it-worth-the-hassle/#post-4558053 Thu, 07 Dec 2006 03:49:24 +0000 Yep, estimating the cost of the building is where particular expertise is required.
Give me a call and we’ll have a chat about the properties and work something out – there’s no charge for a chat obviously.
Scott

Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au

]]> 78e82c570cce77425ee6c4f1b9e557cb depreciator replied to the topic Depreciation-Is it worth the hassle? in the forum Heads Up! https://www.propertyinvesting.com/topic/4387539-depreciation-is-it-worth-the-hassle/#post-4558050 Wed, 06 Dec 2006 08:06:01 +0000 According to the AIQS (Australian Institute of Quantity Surveyors) the ATO have also found that site and they’re not all that enamoured with it.
Most decent suppliers of Depreciation Schedules will make sure it’s worth commissioning a Schedule before going ahead with it.
Wayne, if your properties are in regional areas and they were built pre 85,…[Read more]

]]> 9541423a315fe4a6a75f0b52257df859 depreciator replied to the topic Average Chattels Value in the forum Help Needed! https://www.propertyinvesting.com/topic/4387455-average-chattels-value/#post-4557664 Wed, 22 Nov 2006 06:49:52 +0000 If it’s a mid range unit, the chattels will likely include:
carpet, blinds/curtains, exhaust/ceiling fans, stove/oven, cooktop, rangehood, dishwasher, intercom, HWS….?

Their value will depend upon their age and condition. They may be worth around $6,000.

Scott

Tax Depreciation Schedules
Australia wide service
1300…[Read more]

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