Can I depreciate my Expandify home for tax purposes?
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Answer:
Yes — Expandify homes may be eligible for tax depreciation if used as an investment property, short-term rental, or business premises.
You may be able to claim:
- Capital Works Depreciation (building structure, valid for 40 years)
- Plant & Equipment (e.g. air conditioners, blinds, flooring)
- Instant Asset Write-Off (if applicable under business use)
Important:
- Your accountant should prepare a depreciation schedule
- Must be installed on income-producing land or used as a rental
- DIY Kit installations must be documented properly for ATO compliance
Always seek professional financial advice for accurate eligibility.