Renovating · Koste Knowledge Base
Can I claim depreciation on a renovated property?
Quick Answer
Yes, renovated properties may have depreciation deductions, especially for capital works and new assets. The claim depends on who completed the renovation, when it was done and whether the property is income-producing.
renovated propertydepreciationcapital works
Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai