Total Members: 158,196

Mymoney

  • Mymoney started the topic Depreciation on Sale of Investment Property in the forum Legal & Accounting 8 years, 9 months ago

    During the 7 years that I held my investment property (new house when I purchased it) I have placed new carpets and blinds throughout as the old ones were worn. The useful life of these is 10 years (or whatever the Tax Office’s useful lives are for each). I sold the property this year. The carpets and blinds have not yet fully depreciated, so does…[Read more]

  • Mymoney became a registered member 8 years, 11 months ago

Mymoney

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