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Can you claim depreciation as an expense against rental income?

Posted 22 August 2013

Can you claim depreciation as an expense against rental income?

TaxTim Marc said:
23 August 2013 at 17:15

Depreciation of what items?

Kp said:
23 August 2013 at 17:24

Depreciation on the value of the property being rented.

TaxTim Marc said:
23 August 2013 at 17:30

You cannot depreciate buildings or immovable property for rental/residential purposes.

This entry was posted in Tax Q&A and tagged Deductions, Rental Income, Depreciation / Wear and Tear. Bookmark the permalink.

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