Hi Acorn
My first year schedule had deductions like;
Depn plant and equip $1,727
Low value pool items $389
Capital works $3,942
Totaling $6,057 of non cash deductions reducing over about 12 years to about $3,949, ie, after a few years just the capital works deduction is left.
It adds up and is all non cash deductions, the best ones.
This is just a modest home with about $171,000 of building costs originally. You can also choose between diminishing cost or prime cost methods.
all the best
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