Which Company Is Recommended for a Depreciation Schedule?

I am looking for a depreciation schedule and came across these providors.

1) BMT for $770
2) Depreciator for $615
3) Washington Brown for $580

Has anyone on this forum used them and which one you will recommend?

Comments

  • same same i think so go with the cheapest
    i have bought from WB and DP once - each

    • Which one did you find better and got more value out of it?

  • Not commenting on quality or efficacy, but I know a lot of developers use Washington Brown. Though I can't imagine there'd be any difference between them, because it's a depreciation schedule - it's kind of an objective process (afaik anyway).

    • My friend used WB for new development and only got charged $420 but obviously it was part of bulk reports. I am Keen to know which one is better for existing properties.

      • Yeah, bulk ones are much cheaper because they're basically… well mostly copies of the one or two same report.

        I'm not sure there are (or even can be) differences in quality. I'm not in the field, but I'm struggling to think of how you could have even any differences in the depreciation schedules for the one property.

      • +1

        Another way to look at bulk reports is, WB got $420 for changing the unit number.

        • Hey, all that Ctrl+F and Replace is hard work!

  • Might be worth checking if there are any local quantity surveyors, a small local firm may provide better service.

  • You'll never know the true difference value-wise as it would vary from property to property and surveyor to surveyor. The only way you'd know the difference is if you got different reports for the same property but that'd be silly. I've used BMT and Deppro and haven't had any issues. Would probably use WB next though to save some cash.

  • I use Deppro … around $600 for metro locations. (I get $100 off that)

    They are all same IMO, just as long as they comply with ATO requirements.

    • They are all same IMO, just as long as they comply with ATO requirements.

      This is honestly what I thought too.

    • how did you get the $100 off?

  • We used BMT to do ours 3 years ago.

    Their online system is quite cool. You can log in as a client and see recent development proposals around your area amongst other relatively useless info.

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