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Tax Depreciation Examples

Commercial Property Depreciation Example 8
Location: Capalaba QLD 4157
Property Type: Commercial office unit within a 3 level building with basement carparking
Purchase Price: $357,000
Settlement Date: May 2017
Available for Lease: May 2017
Construction Date: May 2017
Total depreciation calculated for the 1st full year: $13,293
Total depreciation calculated over a 5 year period: $42,937
Total depreciation calculated over a 10 year period: $76,022
Total depreciation calculated over a 40 year period: $214,679