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Probably been asked before and I think I know the answer just wanted a check
Tenant has asked for a security door on the front of the house. We think its ok to have, but wanted a quick answer on depreciation. We have a schedule in place for the house, but as this is a new item is it classed at 100% (or is a maintenance item) or is it at some other rate?
Assume the accountant can do or does it need to back to my depreciation company - i used Depreciator.
The door cost is about $1000 installed
Cheers
Probably been asked before and I think I know the answer just wanted a check
Tenant has asked for a security door on the front of the house. We think its ok to have, but wanted a quick answer on depreciation. We have a schedule in place for the house, but as this is a new item is it classed at 100% (or is a maintenance item) or is it at some other rate?
Assume the accountant can do or does it need to back to my depreciation company - i used Depreciator.
The door cost is about $1000 installed
Cheers