All Topics / General Property / Claiming depreciation

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  • Profile photo of Tysonboss1Tysonboss1
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    @tysonboss1
    Join Date: 2007
    Post Count: 306

    G'day All,

    I just thought I would make a note since it's almost tax time remind any one who hasn't been claiming depreciation, to look into getting a depreciation schedule done up.

    I had a nice surprise a couple of years back when I paid $395 to get a schedule written up and when my accountant did my tax he informed me I could then back date the depreciation to when I first bought the property, I ended up with a $12,000 refund.

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