All Topics / Finance / Depreciation Schedule on a 1980 property

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  • Profile photo of Dazza1Dazza1
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    @dazza1
    Join Date: 2010
    Post Count: 4
    October 20, 2010 - 12:13 am

    A friend has a IP for 4 years which is now a PPOA.  During the 4 years as a IP, no depreciation schedule was completed.  Would it be advisable to do a depreciation schedule now.  I realise that there are certain rules for Pre 85 properties

    Thanks

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