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Oh, and not being able to claim an annual trip to inspect your...

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Rawbaws

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10/05/17

11:07

Post #: 24591252
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Originally posted by Rawbaws ↑

Not much.

You can no longer claim depreciation on plant and equipment (i.e. chattels) which you did not purchase directly.

I.e. buy an investment property which is fully furnished and you can't claim any further depreciation on the furniture, whitegoods etc unless you buy them yourself after settlement. It does not affect fixtures and fittings.

The whole saving for a deposit via your superfund seems like more of an administrative headache than it is worth

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Oh, and not being able to claim an annual trip to inspect your investment property anymore.

You can pump $300k per person into super from the sale of your PPR if you have had it for longer than 10 years. Not sure what other restrictions there are around this.
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