SearchDepreciation recovery on property sales
Rob asks:
(updated on Friday, March 23rd 2012)
Our Experts Answer:
Never I’m afraid, there is no time limit on depreciation recovery and the inability to depreciate has no bearing on the requirement to recover what has been claimed historically once the property is sold or disposed of at a gain.
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| BNZ - Std | 5.35 |
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| Kainga Ora | 5.69 |
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