You Guide to Capital Gains & Depreciation Schedule Examples

digg_url = ‘http://theyounginvestor.com.au/2009/12/01/what-is-the-difference-between-repairs-and-improvements/’;
digg_title = ‘What is the difference between repairs and improvements?’;
digg_bodytext = ‘The Australian Taxation Office (ATO) differentiates between repairs and improvements.
To ensure the best results are obtained from an investment property, it is important to understand the difference between the two claim options.
Definitions
Deductible Repair: Returning items or property to their original state; an [...]

digg_url = ‘http://theyounginvestor.com.au/2009/11/08/can-depreciation-be-claimed-on-renovations-completed-by-previous-owners/’;
digg_title = ‘Can depreciation be claimed on renovations completed by previous owners?’;
digg_bodytext = ‘When a tax depreciation report is prepared, your tax specialist should take into consideration any renovations carried out by previous owners.
Even though you may not have carried out the work yourself, there may be depreciation deductions for you to claim.
A [...]