Is it Worth getting a Depreciation Report done for an Older Property?
Many investors are unsure if it is worthwhile getting a depreciation report done on an older property. They worry about this when the property is older than the Capital Works deduction deadline of 18 July 1985. Prior to this date, residential property investors are unable to claim for the original cost of constructing the property. However they are forgetting 3 very important points that they need to consider.
