Second-Hand Property

Depreciation rules for established and second-hand investment properties.

10 expert articles in this category, written by Koste's Chartered Quantity Surveyors.

Can I claim second-hand assets if the property was never lived in?

If a residential property has never been used as a residence, the second-hand asset restriction introduced in May 2017 does not apply — you …

Yes, second-hand investment properties may still have depreciation deductions, but the rules are different. Existing second-hand residential…

You may be able to claim depreciation on an inherited investment property, but the treatment depends on the property history, asset use, cap…

Second-hand Division 40 assets that cannot be claimed annually may still be relevant later. In some cases, they may form part of capital los…

If you bought your residential investment property before 9 May 2017, you may be treated differently from investors who bought after the rul…

The 9 May 2017 changes restricted depreciation on previously used Division 40 plant and equipment in many second-hand residential investment…

If you turn your home into a rental property, depreciation may be limited for assets that were previously used privately. However, eligible …

In many cases, investors cannot claim annual depreciation on second-hand plant and equipment already in a residential rental property acquir…

Buying from a related party can affect depreciation and CGT treatment, especially where plant and equipment, market value, SMSF rules or own…

Even if you cannot claim annual depreciation on some second-hand residential assets, their values may still be useful. They can help separat…

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