I purchased a second-hand property, what can I claim?

investment property legislation, depreciation legislation, claim depreciation on investment property, Capital Gains Tax, CGT, second-hand investment property

0 Comments

With residential depreciation legislation changing in May last year, there has been some confusion amongst property investors and industry professionals and many have been wondering if second-hand properties can still claim tax depreciation.

August 08, 2018

Investors don’t need to miss out on claiming depreciation on second hand assets!

tax depreciation, tax depreciation schedule, tax depreciation schedules, investment property tax deductions, division 43, division 40, plant and equipment, quantity surveyor, depreciation and budget 2017, investment property legislation, claim depreciation on investment property, Capital Gains Tax, CGT

0 Comments

As referred to in previous articles click here, the amendments to legislation about claiming depreciation has changed the timing of claims for second hand Division 40 assets.  Previously, the depreciation deductions for these assets could be[...]

April 24, 2018
1