Guides
Property depreciation guides
What you can claim on an Australian rental property, and how it is worked out. General information about the law the reports apply, written for owners and their accountants.
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What is a tax depreciation schedule?
What a tax depreciation schedule is, what it covers for an Australian rental property, and how your accountant uses it at tax time.
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Division 40 and Division 43: plant versus capital works
The difference between Division 40 plant and equipment and Division 43 capital works deductions for an Australian investment property.
Updated 24 Oct 2026
Diminishing value or prime cost: which method to choose
How the diminishing value and prime cost methods work for rental property plant, with the formulas, a worked example and when the choice is made.
Updated 23 Oct 2026
Depreciation on a second-hand property: the 2017 rules
What you can still claim on an established residential rental bought after 9 May 2017, and what the previously used plant rules exclude.
Updated 24 Oct 2026
The low-value pool and the $300 immediate write-off
How items under $300 and under $1,000 are treated in a depreciation schedule: the immediate deduction, the low-value pool and co-owners' thresholds.
Updated 24 Oct 2026
How much depreciation can I claim on my rental property?
A worked example of capital works and plant deductions for an Australian rental, and what drives the amount you can claim each year.
Updated 3 Nov 2026
Can I use the previous owner's depreciation schedule?
What a previous owner's depreciation schedule can and cannot tell you when you buy an established rental property, for the building and for its plant.
Updated 24 Oct 2026
Depreciation on an apartment: your unit and your share of the common property
How capital works and plant deductions work for an apartment or unit in a strata scheme, including lifts, fire services and the rest of the common property.
Updated 24 Oct 2026
What to send for a depreciation schedule: documents and photos
The documents and photos that make a depreciation schedule accurate: the contract, any earlier schedule, invoices, plans, and how to photograph each room.
Updated 2 Nov 2026
A rental property owned together: each owner's depreciation schedule
How depreciation is split between co-owners of an Australian rental property, and why each owner's $300 and $1,000 thresholds apply to their share of a cost.
Updated 24 Oct 2026
Depreciation on an older property: built before 1987
What a rental property built before 1987 can still claim: the 1985 and 1987 capital works dates, renovations since, and plant bought new.
Updated 3 Nov 2026
Depreciation on a holiday rental the owner also uses
How capital works and plant deductions are split for a holiday home let short-term and used by its owner part of the year, with a worked example.
Updated 3 Nov 2026
Renovating a rental: scrapped plant, the low-value pool and demolished capital works
What a renovation does to a rental's depreciation: plant scrapped, items in the low-value pool, capital works demolished, and plant the 2017 rules shut out.
Updated 3 Nov 2026
Build quality and storeys: why the same floor area can give different capital works deductions
How a rental building's build quality and storeys change what it cost to construct, and so its capital works deduction, with costs by state and tier.
Updated 3 Nov 2026