Hi everyone
I have a PPOR and I moved out half a year ago. It became an IP.
I plan to sell it after the FY. However, due to the current market it is hard to know when it can be sold or if it will be sold at loss or gain.
Shall I still get depreciation schedule from a QS before the end of FY to minimise any potential loss?
Thanks
Send an Email to a depreciator with details of the age of the property, construction, any reno's etc. They will tell you whether it's worthwhile doing. Seeing as you'll only get 6 months depreciation and you will likely sell unless you have recent reno's, or property is near new I'd say you would come out in front (money wise).
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