Four reasons property investors don’t claim depreciation..
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Strata Manager – dangerous Job!
Sinking Fund Forecasts are regulated in Queensland by “The Body Corporate and Community Management Act 1997”. At the Annual General Meeting the owners are presented with the body corporate budgets of income and expenditure to approve based on the budget and to:
Fix the contributions that are levied.
Set the dates for payment of the levies.
DEVELOPING THE SINKING FUND FORECAST
The following is taken into consideration when preparing a Sinking Fund Forecast.
List all the common property
These may include letterboxes, intercom, lighting, swimming pools, pool heaters and equipment, gardens, pergolas, drivewa