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Rental Income - Capital Expenses

  • 24-03-2018 9:36pm
    #1
    Koplight
    Registered Users, Registered Users 2 Posts: 1 ✭


    Hi,

    I have not been on boards for a while. My query is.

    I own a 3 bed semi detached house. I will be renting it for the year. I bought a lawmower for the property.

    Is a lawnmower a capital expense? I know for example furniture & washing machines are a capital expense where you depreciate over 8 years at 12.5%.

    Some might know the answer off hand.

    Thanks very much.
    Tagged:


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