HOUSE – A Regional residential house, purchased in 2014 for $ 395,000. Built in 1990 and renovated in 2004. Claimed capital allowance from time of purchase on original construction cost and on renovations. As it was purchase pre 9th May 2017 also claimed depreciation on the plant. Total deductions $ 90, 533 or 23 %. A deduction of $ 11,832 in the first full year.