Hi
I can see the rates at which wear & tear is allowable, however my question is how do you put the initial amount on fixtures & furniture. I bought most of the furniture new to rent the property out - so this is clear and easy to value and have receipts. But what about other items such as cooker / dishwasher / washing machine - these pre-existed the decision to rent the property out - can these be considered ? What other big items can be included.
Cheers,
I can see the rates at which wear & tear is allowable, however my question is how do you put the initial amount on fixtures & furniture. I bought most of the furniture new to rent the property out - so this is clear and easy to value and have receipts. But what about other items such as cooker / dishwasher / washing machine - these pre-existed the decision to rent the property out - can these be considered ? What other big items can be included.
Cheers,