Should You Get A Depreciation Schedule?

When is it worthwhile getting a depreciation schedule completed on your residential investment property?

MCG Quantity Surveyors’ Mike Mortlock outlines three triggers that indicate it likely is:

1. If the property is brand new
2. The property commenced construction after the 16th of September 1987
3. The property has been extended, had a new kitchen and bathroom after the 16th of September 1987