All Topics / Legal & Accounting / Depreciation on old 2 bedroom apartment

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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of lopethalopetha
    Participant
    @lopetha
    Join Date: 2007
    Post Count: 82
    June 18, 2008 - 2:50 am

    Hi guys,

    Just wondering if anyone can tell me roughly how much depreciation I would get on a 2 bedroom apartment built in the mid-late 70's. Building depreciation wouldnt apply due to the age. No renovations have been done to it and it is in pretty average condition. Thoughts?

    Thanks in advance.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    June 18, 2008 - 3:06 pm

    Pre-1984 Nil
    Works post 1984 – seek a QS.

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970
    June 18, 2008 - 3:42 pm

    Yes… get QS.. washington Brown I normally use

    Profile photo of lopethalopetha
    Participant
    @lopetha
    Join Date: 2007
    Post Count: 82
    June 19, 2008 - 4:33 am

    Thanks guys. Ive organised for my QS guy to go and check it out.

    Profile photo of magic32magic32
    Participant
    @magic32
    Join Date: 2005
    Post Count: 49
    June 25, 2008 - 8:10 am

    Let us know how you went with it, my situation is very similar to yours, and I'm getting a QS soon too. How much did you claim? Although my unit cost $150,000; so maybe different from yours.

    Profile photo of Neil Richardson - QSNeil Richardson – QS
    Member
    @neil-richardson—qs
    Join Date: 2008
    Post Count: 3
    July 3, 2008 - 4:26 am

    Hi

    The magic date you are looking for is 18 July 1985.

    Cheers

Viewing 6 posts - 1 through 6 (of 6 total)

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