All Topics / Help Needed! / depreciation on a dugout

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of happyjack72happyjack72
    Member
    @happyjack72
    Join Date: 2005
    Post Count: 53
    March 28, 2008 - 12:42 pm

    Hi guys,

    One of my IPs is a dugout in Coober Pedy.

    About this time of year, I think about getting depreciation schedules done.

    But I'm wondering if it's worth getting one done on the dugout, in comparison with the cost of a formal schedule.

    By chance, have any of you got a depreciation schedule done on a dugout?

    Was it worth it?

    HJ72

    Profile photo of Jeff JohnsonJeff Johnson
    Member
    @jeff-johnson
    Join Date: 2008
    Post Count: 50
    March 28, 2008 - 2:15 pm

    God I love this country, where else in the world could you rent out a hole in the ground?
    Thes guys could probably help.   http://www.depreciator.com.au/driver.asp?page=main/home

    It would most likely depend on the age of fixtures and fittings as I assume the raw construction would be difficult to value.
    Good Luck, hope you strike it rich

    Profile photo of happyjack72happyjack72
    Member
    @happyjack72
    Join Date: 2005
    Post Count: 53
    March 29, 2008 - 2:17 am

    Thanks Jeff,

    I guess I'll probably get some photos done of the items/chattels, etc and get them sent to the quantity surveyor.
    I can't see that it's worth it getting him to fly out to the property, esp in Coober!!!!

    But, has anyone actually got a schedule done on a dugout?
    What sort of depreciation did you get on it?

    HJ72

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.