Hi everyone,
I am a newbie here and quite impressed with some of the ideas that are on this site.
I have purchased my first residential IP and I wish to organise for somebody to value all of the fixtures & fittings for depreciation tax deductions.
Where should I look to find somebody? The property is in Ipswich in Qld.
Thanks,
Rallygirlhi you can use a quantity surveyer to do this for you, check it out in the yellowpages.com.au website.
I use him as do many other investors!
Cheers,
Simon Macks
Residential and Commercial Finance Broker[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Originally posted by Mortgage Hunter:I use him as do many other investors!
Cheers,
Simon Macks
Residential and Commercial Finance Broker[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I agree..and can only recommend them from my dealings with Scott and the QS from depreciator in Perth
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks guys.
Rallygirl,
One of my Brisbane guys covers Ipswich for us. Easy.
Send me an e-mail if you like and tell me a bit about the property so I can make sure it’s going to be a worthwhile exercise for you.
ScottTax Depreciation Schedules
Australia wide service
1300 660033
[email protected]
http://www.depreciator.com.auHouses built before the 19th of July 1985 have no depreciation allowance on the building itself. You may be able to claim depreciation on the various fittings like carpets, curtains, electrical fittings, furniture and any improvements that have been made since 1985 of a capital upgrade type nature.
Houses built after the 19th of July 1985 may have depreciable fittings and plant just as older houses do but you can also claim a deduction on the building cost of the structure as well.
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI have access to this QS that can do the Depreciation Reports anywhere for a volume based discounted rate to us of $345
Roy H.
L.R.E.A., Dip FS (FP)
Guardian Property Specialists (GPS)
http://www.gpsnetwork.com.auHi everyone,
Thanks for your help with this. I just wasn’t sure where to start.
This site is very interesting reading. I just wish I had more time to look on here.
thanks again,
Rallygirl
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