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Tax Savings Write Offs · Koste Knowledge Base

Can I claim furniture in a furnished rental property?

Published 26 June 2026 · Last updated 26 June 2026

Quick Answer

Furniture in a furnished rental property may be depreciable if it is used to produce rental income. The treatment depends on whether the furniture is new, second-hand, privately used, or part of a short-term rental arrangement.

Furnished rentals can include significant Division 40 assets.

Examples include:

  • Beds
  • Sofas
  • Dining tables
  • Chairs
  • Outdoor furniture
  • Televisions
  • Fridges
  • Washing machines
  • Dryers
  • Desks
  • Mattresses
  • Small appliances
For long-term rental property, furniture purchased new by the investor may be depreciable.

For short-term accommodation, private use and availability for rent need to be carefully recorded.

For second-hand furniture already in a residential property at purchase, annual depreciation may be restricted.

Koste.ai can help investors keep a furniture asset list, including cost, date, condition and use.

Frequently Asked Questions

Can I claim furniture in an Airbnb?

Possibly, but private use and availability for rent need to be reviewed.

Do I need an inventory?

Yes. A furniture inventory helps support depreciation claims.

Can I claim second-hand furniture?

It depends on how and when it was acquired and the property use.

Should I include furniture in my depreciation schedule?

Yes, where it is used to produce income.

Can Koste.ai help track furniture?

Yes. Furniture can be recorded as part of the property asset file.

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Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai