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