How to Treat a Mixed-Use Property for Tax Purposes

Quick Answer

Treating a mixed-use property for tax involves apportioning expenses and income between residential and commercial parts. Under **Division 40** for plant and equipment and **Division 43** for capital works, depreciation can be claimed proportionally. GST implications and CGT may also vary depending on the property's use. Consult a Chartered Quantity Surveyor and accountant for precise calculations.