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Latest Depreciable Asset News

Tax accountants
4 min read
Tax depreciation inspections are required for every property, other than under specific circumstances. Photo: Shutterstock

Tax depreciation schedule inspections – are they optional?

Sadly, it seems that the COVID-19 pandemic has seen some depreciation firms look to adjust their standard practices around inspecting an investment property in perpetuity.

I warned investors years ago to avoid the firms offering an inspection as an option or as part of some sort of gold package. Ho…