Sounds to me like you've answered your own question.

In these repairs vs. capital improvements it really can be a case by case basis and lots of grey areas.

On the face of it….i'd probably start with a repair….

If you don't start that way – you'll never be able to go back.

Hi

Maybe this article i wrote will be help you?

Property Repairs

Regards

Tyron

http://www.washingtonbrown.com.au

Sure did know that

We get http://www.washingtonbrown.com.au/property-depreciation-schedules#internationalDepreciation

We get around these days!

Regards

Tyron Hyde
www,washingtonbrown.com.au

If it's soooo good – why do they need to sell it to Aussies! Surely all the Americans would buy?

At one property expo I exhibited at recently….about a third of the stands were all selling US properties.

That made me worried!

Regards

Tyron Hyde
CEO
http://www.washingtonbrown.com.au

Well the good news is – the Tax Working Group did nothing.

Depreciation is back baby!!

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

You can see all the submissions here in relation to removal of depreciation.

http://www.treasury.gov.au/ConsultationsandReviews/Submissions/2012/Business-tax-reform/Submissions

I think they should increase to 4% building allowance to encourage investment and save money.

If you're interested read the Washington Brown submission.

Regards

Tyron…[Read more]

We have people in certain parts of the world.

I wrote this article on the topic some while back:

http://www.washingtonbrown.com.au/quantity-surveyor-corner/overseas-property-purchases

I hope it helps

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

Hi

As you are not settling until July…..you won’t be able to claim anything this financial year.

The report will start from Settlement.

Might be best to organise the QS to inspect just prior to settlement – so as to not disturb the tenants if you have one immediately.

regards

Tyron Hyde
CEO
http://www.washingtonbrown.com.au

I’d suggest Washington Brown is right!!

Regards

Tyron Hyde
Director
http://www.washingtonbrown.com.au

Hi

I have strong views on this topic. You can’t “self assess” the construction costs and it’s not supported by our Institute.

Top 10 Investment Property Tax Depreciation Tips

Further – read Tip 11 here:

QS Corner Tip Archive

You now need to make sure anyone you are dealing with is a Registered…[Read more]

Richard

Woops!

Tyron
http://www.washingtonbrown.com.au

Hi Dean

Quite a complex query. If you want some free advice give me a call tomorrow.

Regards

Tyron hyde

wwww.washingtonbrown.com.au

HI Daniel

We do work in that area if you are interested.

Regards

Tyron
http://www.washingtonbrown.com,au

Hi

This article might be of benefit to you. I wrote it for YIPmag.com.au

Property Repairs

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

Hi PleeThat's a really good question.With regards to World Square – we act for Meriton Apartments – so we have all the plans, specs and costs etc.So you could feel more comfortable using us in this interest.RegardsTyron HydeDirectorwww.washingtonbrown.com.au

TR 97 / 25 Par 28 indicates who can estimate the construction costs where the costs are unknown. Valuers and accountants CANNOT the Par reads like this:28. Appropriately qualified people might include:

·  a quantity surveyor, who has expertise in the relevant type of construction; ·  a clerk of works, such as a project organiser for major bui…

[Read more]

Hi DWolfe

It really depends on the location and type of property.

There is a section on our website to give a few details and we’ll send you a proper quote.

have a great day

Ty

Hi BlissyWhy don't you use our free depreciation calculator:http://www.washingtonbrown.com.au/That way you can work out how much you can claim first!regardsTyron

I'm biased – but why dont you give try our calculator – to see what returns you might achieve.www.washingtonbrown.com.auRegardsTyron

Hi Jazamite

Go to our website

http://www.washingtonbrown.com.au

We have a free dep calculator that will help you.

Cheers

Tyron