Renovation of existing buildings and disposing of depreciable assets also known as ‘scrapping’: Scrapping is the removal and disposal of any depreciable assets from an investment property. It can be defined as the demolition of any existing structure or fixture onsite that would have been eligible for claiming depreciation deductions. Scrapping of existing structures, […]
It’s time to get your Tax Returns in and for those with Investment properties it’s time to ensure you claim the…
It's time to get your Tax Returns in and for those with Investment properties it's time to ensure you claim the...