Dear gurus,
I am a new Investor and just bought a house in a regional town. I plan to find a Quantity Surveyor to produce a Depreciation Schedule (ATO compliant). However, there is no Quantity Surveyor service in this or nearby towns. Is there other ATO compliant alternatives?
Can estimated values by an estate agent satify the rules?
Please advise. Much appreciated.
Regards,
FrancisContact depreciator who posts here.
He can help you out using photos etc if need be.
Cheers,
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
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.
Dear Simon,
Thank you for your advise.
Can estimated values by an estate agent satify the ATO rules?
Regards,
FrancisWouldn’t think so..not qualified?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI am with Redwing there. Let me get Scott to answer this for you!
Cheers,
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
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’m back – been in Brisbane.
Francis, estimating construction cost is something that only people with certain qualifications can do. Quantity Surveyors are at the top of the heap, but estimators and some builders can do it, too. Agents, accountants etc can’t.
I’m assuming you do need the construction cost estimated? If it’s just the fixtures and fittings, you can estimate them yourself.
If you can tell me where the property is and how old it is I will be able to give more assistance.
ScottTax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au
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