Hi there, we have a depreciation schedule for our property which was our place of residence before we purchased our current house, now its a rental. Whilst not a tax deduction, could the things you did in preparation be placed on a depreciation schedule? I am not sure of the answer.
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19-10-2016 18:29 #11Senior Member
- Join Date
- Feb 2012
- Sydney NSW
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19-10-2016 21:56 #12
Thanks heaps everyone. This has been helpful and I understand what you're saying better than the accountant.
I will follow up with my accountant on the depreciation aspect since she's not including any depreciation. Having said that, the property was only rented for 2.5 months in the financial year, maybe the depreciation wasn't enough to bother with for such a short time.
Thanks for all your help. This is where BH is great!
19-10-2016 22:07 #13
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