Can I Claim Depreciation on a Build-to-Rent Property?

Quick Answer

Yes, you can claim depreciation on build-to-rent properties in Australia. Under **Division 40** (plant and equipment) and **Division 43** (capital works) of the ITAA 1997, developers and investors can benefit from substantial tax deductions. A depreciation schedule prepared by a Chartered Quantity Surveyor is essential for maximising these claims.