Buying Property · Koste Knowledge Base
Can I claim plant and equipment if I buy from a developer?
Quick Answer
Yes — purchasing a brand-new property directly from a developer means you can claim full plant and equipment depreciation, even if you are the second or third buyer in the chain.
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Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai