I bought an IP around 13 yrs ago and the air con system was old. I thought back then that it should be replaced.
I have new tenants in the house and paying top level rent. They havent asked for a new air con system but cant decide if I should pay for one or not.
I recently refinaced my loan and have additional funds. A new split system can be depreciated.
I usually put the rent up each year by $10 a week increase minimum.
The tenants have a gas heater in the lounge room already. I wonder if they will even use an air con in the summer.
The prices could be around 1500 to 2k for a split sys plus installation 750.
I have other plans to remove and replace an old garage and maybe install an ensuite.
What do you think?
I have new tenants in the house and paying top level rent. They havent asked for a new air con system but cant decide if I should pay for one or not.
I recently refinaced my loan and have additional funds. A new split system can be depreciated.
I usually put the rent up each year by $10 a week increase minimum.
The tenants have a gas heater in the lounge room already. I wonder if they will even use an air con in the summer.
The prices could be around 1500 to 2k for a split sys plus installation 750.
I have other plans to remove and replace an old garage and maybe install an ensuite.
What do you think?