Hi all. Does anyone know if it would be worth my while getting a depreciation schedule done for a house that is 12 years old. I have done no renovations to this property so was wondering if it is feasible.
Thanx
Marty
From discussing this with investment clients I would suggest it is always worthwhile having a schedule drawn up.
Talk to Deppro. http://www.deppro.com
I have heard great things about them and am using them myself. Discuss it over the phone with them and see what they advise.
Cheers,
Simon Macks
Mortgage Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I agree with Simon, I’ve used Deppro for a couple of IPs which are greater than 12 years old and was very pleased with the result.
Rod.
Thanks guys, thought the property may have been too old to worry about, but I will definately talk to Deppro.
Thanks again
Marty
How would Deppro go with a 90year old house do you think thats to old
aaronpass it forward
Give them a call and ask them.
Has there been any renovations done recently?
Simon Macks
Mortgage Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
the QS that I use have a guarantee that if you dont get the cost of their as a tax deduction in the first year they will refund their fee. So you cant loose.
check out-
http://www.depreciator.com.auQuote from their web site:
“We even guarantee that you’ll get MORE than our fee in the first full year of deductions OR you get your depreciation schedule FREE! and you can still use it in your tax assessment.”Lots of useful info there too
cheers
Sallyr
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