{"id":1617,"date":"2018-01-17T17:30:38","date_gmt":"2018-01-17T06:30:38","guid":{"rendered":"https:\/\/cruzandco.com.au\/?p=1617"},"modified":"2018-01-17T13:33:34","modified_gmt":"2018-01-17T02:33:34","slug":"landlord-plant-equipment-depreciation-deductions-limited-actual-outlays","status":"publish","type":"post","link":"https:\/\/cruzandco.com.au\/landlord-plant-equipment-depreciation-deductions-limited-actual-outlays\/","title":{"rendered":"Landlord Plant and Equipment Depreciation Deductions Limited to Actual Outlays"},"content":{"rendered":"
By Tax & Super Australia<\/p>\n
<\/a>The government has made good on a measure announced in its 2017 Federal Budget, and now limits plant and equipment depreciation deductions to outlays actually incurred by investors.<\/p>\n In essence, unless a taxpayer as the investment property buyer have physically purchased the assets to be depreciated, they can no longer do so. In other words, if otherwise depreciable assets came with the investment property purchased, there will no longer be an option to continue depreciating those assets in the property owner\u2019s hands.<\/p>\n