Can I Claim a New Letterbox on My Investment Property?

Quick Answer

Yes, you can claim a new letterbox on an investment property, but how you claim it depends on whether it falls under Division 40 or Division 43 of ITAA 1997. If the letterbox is a standalone item, it's typically a depreciating asset under Division 40. If it's integrated into the structure, it may be claimed under Division 43 as capital works.