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Gyday
I would like to know if the capital works depreciation percentage for tourism property is 4%
and where would i find this info?
cant seem to find a conclusive answer
Help pleaseCheers Chris
Try the ATO website or a quantity surveyor/cost planner.
Depending upon what the question is, a qs will be able to disect the proposal and find a lot more depreciation than you could imagine (some items have a very short life in tourist accommodation eg carpets, furniture etc).
Hi Getting started
This article i wrote might help you, particularly "option 2"
http://www.washingtonbrown.com.au/property-news/building-allowance
Regards
Tyron
Viewing 3 posts - 1 through 3 (of 3 total)
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