Owning Property · Koste Knowledge Base
What Depreciation Can I Claim on a Display Home?
Quick Answer
You can claim both Division 40 and Division 43 depreciation on a display home. Division 40 covers plant and equipment like air conditioning units, while Division 43 covers capital works such as the building structure. The ATO allows developers to claim these deductions as part of business expenses, which can significantly reduce taxable income.
tax depreciationdisplay homesDivision 40Division 43property developers
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