T tmccar Registered User Messages 17 26 Nov 2008 #1 Can I offset depreciation in a rental property against tax?
J jpd Registered User Messages 4,396 26 Nov 2008 #2 depreciation of what ? There is an allowed Wear & Tear on furnishings and fittings, but if you are referring to a loss in capital value, no.
depreciation of what ? There is an allowed Wear & Tear on furnishings and fittings, but if you are referring to a loss in capital value, no.
T tmccar Registered User Messages 17 27 Nov 2008 #3 Yes, I meant on furniture and fittings, electrical appliances etc.