Can you claim depreciation as an expense against rental income?

By Marc Sevitz · Updated

Can you claim depreciation as an expense against rental income?
TaxTim Marc

TaxTim Marc said:
23 August 2013 at 17:15

Depreciation of what items?
Kp

Kp said:
23 August 2013 at 17:24

Depreciation on the value of the property being rented.
TaxTim Marc

TaxTim Marc said:
23 August 2013 at 17:30

You cannot depreciate buildings or immovable property for rental/residential purposes.