Economic Report

Fields with marked with * are requred.

Your Contact Details

Client Name:

Joint Ownership:

YesNo

Names of joint owner(s):

If two or more owners, is the property owned as "Joint Tenants":

YesNo

or "Tenants on Common":

Note: The most common form of ownership is "Joint Tenants"

YesNo

If Tenants in Common, please show percentage of each ownership share:
eg: Bill 60%, Mary 40%

Postal Address:

Suburb:

State:

Email:

Contact Numbers:

(h)

(w)

(m)

Property Details

Property Address:

Suburb:

State:

Furnished:

YesNo

Any renovations or additions to the property since original construction that have been done since you owned the property. Eg: pergola or new kitchen. If so give brief details (Costs & Dates):

Any renovations or additions to the property since original construction that in your opinion were carried out by the previous owners:

Settlement Date: (DD/MM/YYYY)

Date Property became available for rent: (DD/MM/YYYY)

Agent for Property:

Property Manager Name:

Property Manager Number:

Tenant Name(s):

Tenant Number(s):

Additional Information

Would you like a hard copy of your depreciation report mailed to you for an extra $15?

YesNo (Do not mail it)

Are you happy to receive occasional emails from Write It Off regarding news, special offers and updates?

YesNo

How did you hear about us?

Details:

Self Assessment Worksheet

Property Details:

What type of property do you have?

How many bedrooms?

How many bathrooms?

Some helpful instructions:

When measuring a room for floor coverings say 3 metres by 4 metres then we need you to write down 12 square metres in the appropriate box. Obviously you would have to do this for each room and add them together to give us your total answer for each type of floor covering.
When measuring window furnishings measure the width of the window say 1.8metres and then tell us if this is a quarter size window, a half window or a full window that nearly covers the wall from floor to ceiling.
You can only include kitchen assets, laundry or furniture that you actually own and that you have provided for the tenants use. i.e: you cannot include the clothes dryer in your list if there is one in the property but is owned by the tenant.

Very Important:

Near the end of this worksheet, we ask you about renovations / upgrades (what we call Capital Works Items) to the property. If you do not know the cost or date of any renovations, you cannot include it in your worksheet. If you know of any renovations that you do not know the cost and date of and you would like to have included in your report, you should consider using our Premium package and have one of building inspectors assess the size of your renovation claim. Examples: kitchen upgrade, bathroom upgrade, extensions, pergolas, paving, retaining walls etc etc. Having these included could add considerable value to your claim.

Section 1 - Plants and Articles (Inclusions)

What sort of heating/cooling does it have?

Type

Brand

Quantity

Ducted Heating

Ducted Reverse Cycle

Evaporative Cooling

Reverse Cycle Room Unit
(Large Capacity eg > 5.5kW)

Reverse Cycle Room Unit
(Small Capacity eg < 5.5kW)

Gas Wall Furnace

Wall Heater

Other

Floor Coverings:

Condition (Sq. Metres)

Fair

Good

New/Near New

Carpet

Lino

Vinyl

Floating Wood

Parquetry

Cork

Laminate

Tiles (exclude wet areas)

Note: Measure each room and add all the same rooms together. Eg: Bedroom One, 3m x 4m = 12 sq metres plus Bedroom Two 3.5m x 3.6m = 12.6 sq metres. Total 24.6 sq metres.
Polished Wood, Tiles, Slate and Concrete floors cannot be included in this section but if cost and date known they can be included in Renovation / Capital Works section below.

Window Furnishings

Curtains & Drapes Width. Please measure in linear metres.

Lace

Cotton

Heavy Back

Heavy Back & Lace

Full Length

1/2 Length

1/4 Length

Blinds Width. Please measure in linear metres.

Roman

Wooden Venetians

Verticals

Roller

Other pls specify

Full Length

1/2 Length

1/4 Length

Outdoor Blinds and Awnings Width. Please measure in linear metres.

Bamboo

Blinds

Full Awnings

Full Length

1/2 Length

1/4 Length

Kitchen Appliances:

Microwave:

Brand:

Dishwasher:

Brand:

Cooktop:

Brand:

Burners:

Oven:

Brand:

Mount:

Upright Stove:

Brand:

Rangehood:

Brand:

Extra Wide?

Refrigerator:

Brand:

Size (litres):

Laundry Assets:

Washing Machine Brand:

Clothes Dryer Brand:

Outdoor Assets:

Hot Water

Brand:

Size (in litres):

Sprinkler / Irrigation Systems

Automatic watering controls and timers:

* Please note only include the control devices here not the actual sprinklers or sprinkler pipe. The latter has to be included in Renovations / Capital Works section below if applicable.

Garage Assets:

Automatic Door Opener:

Remotes:

*Only include automatic garage doors here not manual doors.

Other Depreciable Assets:

Quantity

Ceiling Fans

Ceiling Fans with light

Door Closers

Door Stops

Doorbell

Ducted Vacuuming

Exhaust Fans

Exhaust Fans with light

Heated Towel Rails

Insinkerator

Intercom System (usually only in units or apartments)

IXL Tastics 3 globe

IXL Tastics 5 globe

Lights - Protruding (Inside)

Lights - Protruding (Outside)

Recessed Lights (total inside and out)

Security System

Shower Curtains

Smoke Detectors (Battery)

Smoke Detectors (Hardwired)

Solar Lights

Solar Panel (how many or specify kilowatts)

Spa Bath Pumps

Swimming Pool

Swimming Pool - Cleaner

Swimming Pool - Heater

Tennis Court

Water Pumps

Weather Strips

Furniture

If the property is furnished, you will need to provide a separate list with the furniture and its value.
Eg: Dining table and 4 chairs $375.00

Section 2 - Common Property

This section is only relevant to units and townhouse complexes where there may be common area assets that are depreciable.

How many units in the entire complex:

Is there:

Swimming Pool:

Spa:

Sauna:

Tennis Court:

BBQ's (how many):

Camera System

Elevator/Lifts (how many):

Fire Equipment

Fire Equipment - Indicator Panel & Emergency Warning System

No. of outside lights in complex:

Underground Parking:

No. of roller doors:

No. of remotes for carpark:

No. of swipe cards in carpark:

Gymnasium:

No. of cardiovascular type equipment:

No. of weight machines:

Carpet

Square metres of carpet in corridor:

How many units in the corridor:

Section 3 - Renovations / Capital Works

Renovations are usually major changes made to the original property that form part of the property but is not an inclusion. Eg: updating the kitchen cupboards is a renovation but putting in a new oven is not a renovation and should be made part of the inclusions.

In this section we need what was done, when it was done (month & year) and how much it cost. If you do not have receipts or proof of works carried out or details of the renovation works from the council you cannot include it as part of your worksheet. In this instance it may be advisable for you to opt for the Premium Package Option where we conduct an on-site inspection (by one of our qualified building inspectors) of your property and provide an estimate of the renovation works carried out so it can be claimed in your depreciation report.

Listed are some of the common changes made to properties but if there are others please add.

Deck:

Date:

Cost:

Pergola:

Date:

Cost:

Hard Landscaping:

Date:

Cost:

Security Systems:

Date:

Cost:

Paving:

Date:

Cost:

Water Tank:

Date:

Cost:

Kitchen Upgrade:

Date:

Cost:

Bathroom Upgrade:

Date:

Cost:

Other: (please specify the date and cost of your other renovations/capital works)

Section 4

Construction Cost

You must provide us with the original date of construction of your property.

If property was built before 18^th July 1985 then you do not need to complete this section. Just answer 'Yes' to the first question and move onto 'Photos'.
Construction Cost: You do not have to provide this information, it is only if you know it
and obtained your information from an authorised source such as council or builder.
This is the cost to build your property - it does not include land value, stamp duty or
legal fees. If your property was built prior to 1985, the construction cost is not
required.
Contract Price: This is the cost to build your property - it does not include land value,
stamp duty or legal fees. This information will only be required if you have contracted
a builder to build the property for you. Please provide a copy of the inclusions list and
note that a copy of the Builders Contract may be required to ensure the accuracy of the
depreciation schedule.
A floorplan with measurements would be helpful with the total number of square
metres of the building (including attached garages, porch, balconies and alfresco
areas). See below.
At the very least we need a year of construction and a total number of square metres

Pre 18th July 1985 Property?
YesNo

If you answered Yes above, skip this section and move onto Photos.

Construction/Building Cost:

Date of Construction:

Note: You must at least give us a year of construction

The following is not the purchase price. It is the building cost of the dwelling. If you don't know it, leave blank:

Construction Cost:

Where have you obtained the construction cost from?

Local CouncilBuilders ContractOther, please specify

If you selected Builders Contract or Other, did the construction cost given include all the fixtures and fittings of the property?
YesNo

Please list what fixtures and fittings were excluded from construction cost. Eg: blinds, carpet:

Purchase price of the property (including house & land):

Number of Square meters:

Note: Have you either given us the construction cost of the property,
a floorplan with measurements or the total number of square metres
of the building. You must give us at least one out of these 3.

Photos

This is optional for you but may help us in assessing the values to add into your report. A photo that takes in each room, front of house and backyard would be helpful. If you do take photos of your property, please reduce in size before emailing to us.

Front of house:

Backyard:

Room 1:

Room 2:

Room 3:

Room 4:

Room 5:

Floorplan of your property

Again this is optional, but would help us with your report. If you were unable to obtain construction cost from your builders contract then you will have to provide a floorplan with overall floor area or provide us with the total number of square metres of the property. Please separate Gross Living Area, Garage, Alfresco, Porch & Balconies

Floor Plan:

Other information that you think we should know that you want to tell us about:

I Accept and agree that after your report is completed by our company but before we send it to you, you agree to pay the fee of $305.00.