Quote:
Originally Posted by pete gopal
You can definately depriciate building/apartments etc. if it's an investment property
if it's a residential property which is being sold and another residential property bought stamp duty yes / CGT no...correct?
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Stamp duty = yes
If Main residence applies = no CGT on sale
Definitely depreciate eligible items in an investment property/apartment.
Limited to age for building depreciation - the newer the better.