Sentry Page Protection

Question and Answers

Depreciation on Garage Door in Residential Rental Property

Question

My client has residential investment properties and they replaced the garage door in one of them, costing $6,000.  Are we able to claim depreciation on this? If so, at what rate.

Answer

As the investment properties are residential properties, your client cannot claim the depreciation on the garage door.

TaxationJack Wilton
Member Login
Welcome, (First Name)!

Forgot? Show
Log In
Enter Member Area
My Profile Not a member? Sign up. Log Out