Hi All
My accountant tells me that Chattels Valuations for claiming depreciation are probably only worthwhile for commercial or high value domestic properties owing to the cost of getting one done.
I have an older IP in Palmerston North which I wouldn't consider a high value property but it is definitely above average as it rents for approx. $30pw more than an average house in the same location. Does anybody think this would be worth paying to get a chattels valuation done?
Shar
My accountant tells me that Chattels Valuations for claiming depreciation are probably only worthwhile for commercial or high value domestic properties owing to the cost of getting one done.
I have an older IP in Palmerston North which I wouldn't consider a high value property but it is definitely above average as it rents for approx. $30pw more than an average house in the same location. Does anybody think this would be worth paying to get a chattels valuation done?
Shar
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