Every year, thousands of properties are affected by events such as natural disasters and other unforeseen circumstances. In these situations, property investors often find themselves in the stressful situation of having to replace many assets and[...]
Our ACT Director Sean Loftie-Easton has been featured in the recent B2B Magazine in ACT. Find out what Sean has to say about how we can assist other professionals working with property investors in the ACT, and what makes Capital Claims Tax[...]
Looking for ways to quickly improve the cash flow of your investment property? Here are 5 suggestions you can consider:
If you’ve replaced or added assets to your investment property, it’s important to upgrade your tax depreciation schedule so you can claim on the new items from the time you install them.
A Quantity Surveyors Report (also known as a Capital Allowance and Tax Depreciation Schedule or Depreciation Schedule/Report) is a document, typically prepared by a professional Quantity Surveyor, that clearly reports in detail the deductions[...]
If you moved out of your home this year and continue to hold it as a rental, it’s no longer your Principal Place of Residence (PPOR) and you are eligible to start claiming all the deductions an investment property entitles you to.
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[...]
Too often accountants and other professionals still tell us that they don’t bother with depreciation for an investment property if the property is 20 years or older.
When it comes to reporting Capital Allowances and Depreciation on Traveller Accommodation there are some great benefits that are unique to this property type. Find out below how our recent client was able to claim over $190,000 for the first 12[...]