|
3 Bed Townhouse 10 years old Good Quality |
Depreciation |
$13,750 |
Building Allowance |
$20,125 |
Total tax deduction claimable over 5 years |
$33,875 |
|
3 Bed House Pre 85 – 50K Renovations Average Quality |
Depreciation |
$11,003 |
Building Allowance |
$6,250 |
Total tax deduction claimable over 5 years |
$17,253 |
|
3 Bed House Pre 85 No Renovations Average Quality |
Depreciation |
$10,667 |
Total tax deduction claimable over 5 years |
$10,667 |
|
2 Bed Inner City Unit New – Average Quality |
Depreciation |
$21,677 |
Building Allowance |
$30,460 |
Total tax deduction claimable over 5 years |
$52,137 |
|
* 20K Furniture Package |
Depreciation |
$15,878 |
Total tax deduction claimable over 5 years |
$15,878 |
* Depreciation – Diminishing Value Used |