PropertyInvesting.com | Scallywag | Activity https://www.propertyinvesting.com/members/scallywag/activity/ Activity feed for Scallywag. Thu, 16 Apr 2026 15:01:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c6e2636e5ffaab5946cc55bd3dbb1e3c Scallywag replied to the topic Accounting for NZ Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4380964-accounting-for-nz-property/#post-4521434 Thu, 22 Sep 2005 23:24:49 +0000 Thanks Christopher,

I guess that this is the essence of the problem, the Australian and NZ tax systems seem very similiar except for depreciation. In my case it seems that all this wonderful depreciation I’ve just claimed in NZ will have to be handed back when I lodge my return in Australia.

This leads to my next question. Is it not better to…[Read more]

]]> 55eb1e93239f9eaef1787db579c81cc1 Scallywag replied to the topic Accounting for NZ Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4380964-accounting-for-nz-property/#post-4521432 Thu, 22 Sep 2005 08:33:41 +0000 Hi Masteraccountants,

What does “adjust the depreciation to comply with the Australian tax rules on capital allowances” mean? This is certainly my quandry. NZ as we know has great depereciation rules, what I can’t understand is how this is meant to translate back to Australia.

Cheers
Scally.

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