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Tax Depreciation Schedules Professionals & Quantity Surveyors

Case Study

B - Residential – Brand New Properties

Owner lived in the Property prior to renting

B1 - Case Study 4

Property Type : Single storey, 3 Bedrooms, 2 Baths
Inclusions : Evaporative cooling, Ducted heating, Carpets for bedrooms, Hot water system (gas), Blinds and Curtains, Stove, Rangehood, Dishwasher.
Construction Cost at Completion : $202,000
Construction Completion : January 2015
Years Owner lived in the Property : Approx. 3 years
First available for income : February 2018
Suburb and State : Lynbrook VIC 3975
Financial Year Deductions ($)
Year 1 (Full Financial Year) $10,623
Year 2 $9,336
Year 3 $8,136
Year 4 $7,301
Year 5 $6,713

B2 - Case Study 5

Property Type : Single storey, 4 Bedrooms, 2 Baths, Double Garage
Inclusions : Evaporative cooling, Ducted heating, Carpets for bedrooms, Floating timber flooring throughout except bedrooms and wet areas, Solar hot water system, Curtains, Stove, Rangehood, Dishwasher, Automatic garage door and Security system.
Construction Cost at Completion : $218,033
Construction Completion : April 2012
Years Owner lived in the Property : Approx. 3 years
First available for income : July 2015
Suburb and State : Wollert VIC 3750
Financial Year Deductions ($)
Year 1 (Full Financial Year) $10,453
Year 2 $9,687
Year 3 $8,787
Year 4 $8,122
Year 5 $7,620

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JKR Quantity Surveyors