Mark Wilkins

Recent Posts

How to use tax depreciation to help your cash flow

As a property investor are you expecting a tax refund due to a negatively geared investment property? Did you know you can access that refund in advance, or in real time during the financial year to improve your cash flow each month?

July 19, 2018

Can my accountant do the tax depreciation report for my rental?

Accountants are not qualified to estimate construction costs, which includes more than just materials & construction labour. For example, accountants are not qualified to estimate construction works & associated costs of previous works over the[...]

June 20, 2018

4 Facts Every Property Investor Should Know About Claiming Depreciation on Their Rental Property

Click here to download this blog as an eBook.

Fact 1.  Depreciation is typically one of the largest deductions available to property investors

Averaging between $2,500 - $5,000 for an existing house and $10,000 - $13,000 for a brand new[...]

June 14, 2018

Just bought an investment property? You can still make this financial year count!

Just bought an investment property? You can still make this financial year count!

June 07, 2018

Refurbishing Business Spaces

The Australian Taxation Office (ATO) allows commercial property owners and tenants to claim tax depreciation for the wear and tear of their building, and  for the depreciation of their plant and equipment assets over time.  What many commercial[...]

April 24, 2018

Investors don’t need to miss out on claiming depreciation on second hand assets!

As referred to in previous articles click here, the amendments to legislation about claiming depreciation has changed the timing of claims for second hand Division 40 assets.  Previously, the depreciation deductions for these assets could be[...]

April 24, 2018

Can I still claim depreciation on my investment property since the new legislation passed?

Does the change in legislation affect your ability to claim depreciation on your investment property this year?
February 20, 2018

Still unsure about claiming depreciation since the new legislation?

Still not sure how the new legislation affects investors ability to claim depreciation?

Every day we are fielding questions from investors and their advisers who are unsure if they should be claiming depreciation on their investment property[...]

February 19, 2018

Medical and dental practitioners are missing out on claiming depreciation 

Medical and dental practitioners often aren't considered small business operators in the traditional sense, and we often hear they would rather have their own teeth pulled than have to get too involved in their businesses accounts - after all[...]

February 19, 2018

New Legislation for Claiming Depreciation on Investment Properties has now been passed

On the 15th November 2017, Senate passed the anticipated legislation that limits the ability of investors to claim depreciation on second hand assets acquired in investment properties purchased after May 9, 2017.  

December 11, 2017
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