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Claiming when IP used to be PPOR

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tyfe | 06 Oct 2015, 02:35 PM Agree 0
Hi All
Sorry if silly question - I'm not getting straight answers from Accountant and Surveyors.
Our PPOR became an IP in late June so I know we can only claim interest etc for the short time it was an IP, but my question relates more to Depreciation and Low Value Pool items. Is it correct that we can't claim the LVP items and under $300 immediate write-off's because property was a PPOR? The depreciation schedule is showing that we can't, but from what I understood we could?
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