Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
RoseLili(Initiate)Initiate
19 Sept 2023

Dear ATO Community,


I've brought an investment property built in 2015 to rent out in Jan 2022 (I'm 2nd owner of the townhouse and never live in the property). Recently I had depreciation report from a surveyor. Just wonder how I fill in these in myGov.


For example, I have figure for 'Capital Works Schedule', do I put this figure in 'Total capital allowances – manually calculated' in myGov?


The depreciation report also gives 'CAPITAL LOSS SCHEDULE DIMINISHING VALUE (Limits to depreciation)' and 'CAPITAL LOSS SCHEDULE PRIME COST

(Limits to depreciation)', what are these two's differences and where do I claim them in myGov?


Also can I claim fees I paid to Surveyor and where?


Thanks a lot.


544 views
2 replies
544 views
2 replies

Most helpful response

Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
20 Sept 2023

what are these two's differences and where do I claim them in myGov?


This will be explained in the QS report - but is only relevant under limited conditions.


Also can I claim fees I paid to Surveyor and where?


Yes - on rental schedule Sundry expenses V


All replies

Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
20 Sept 2023

what are these two's differences and where do I claim them in myGov?


This will be explained in the QS report - but is only relevant under limited conditions.


Also can I claim fees I paid to Surveyor and where?


Yes - on rental schedule Sundry expenses V


Featured articles

Finding your TFN

6 Feb 2026 · 4 min read time

Linking your myGov account to the ATO

24 Aug 2025 · 3 min read time

Spouse details and your tax return

15 Apr 2026 · 3 min read time

Top liked users

  1. Bruce4Tax

    (Taxicorn)

    3260 likes

  2. Taxduck

    (Taxicorn)

    2069 likes

  3. PayrollDeanne

    (Taxicorn)

    816 likes

  4. YellowPotato

    (Taxicorn)

    529 likes

  5. knaresbro

    (Devotee)

    364 likes

Top contributors

  1. Bruce4Tax

    (Taxicorn)

    10399contributions

  2. Taxduck

    (Taxicorn)

    4762contributions

  3. PayrollDeanne

    (Taxicorn)

    2061contributions

  4. YellowPotato

    (Taxicorn)

    1352contributions

  5. YEP

    (Devotee)

    837contributions

Loading
how to claim rental property depreciation | ATO Community