Hi All, I hope someone can help me regarding the requirement for a depreciation schedule. I am purchasing my first property and will be aiming to make use of the six year rule of CGT exemption. I've done a lot of research so I'm reasonably familiar with how it works now. This is just a small piece of the puzzle I haven't yet worked out. Suppose on 1 January 2014 I purchase PPOR and live there for 6 months until 30 June 2014. From 1 July 2014 it is then rented out. I understand that I am taken to have "acquired" the property when it first becomes income producing, so my cost base will be the market value on 1 July 2014 (unless I move back in within 6 years, in which case it'll be CGT exempt). In order to claim depreciation during the period in which it is an IP, do I need to engage a quantity surveyor to prepare a depreciation schedule on 1 July 2014 when it is first rented out, or can I use one I obtain on 1 January 2014 when I purchase the property? If the property is purchased off the plan, do I normally get a depreciation schedule from the developer? Thanks.