Depreciation | Professionals Richmond RLA183154 - Your real estate professionals in Richmond and surrounding areas and suburbs

		All properties contain depreciation entitlements, irrespective of age, many people under estimate entitlements on older properties.

		Common areas and common plant can be depreciated and are often not claimed.

		Rushing to renovate, rather than leaving for a “reasonable period” after purchase may cost you substantial plant allowances on demolished items.

		These items are depreciated at a higher rate than the building but are often bundled or overlooked.

Breakup of Plant, Building, Land and Ineligibles balanced to Total Capital Expenditure
Detailed Breakdown of Plant using both Prime Cost and Diminishing Value Methods
Allocation of qualifying plant to Low Value Pool and Immediate Write Off
Capital Allowances breakdown of qualifying Buildings and Alterations
Summary of Entitlements
Capital Expenditure Analysed
Reconciliation of Expenditure
Lifetime analysis