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[...]
Just because an investment property is negatively geared, it does not mean it cannot produce a positive cash flow.
In NSW on July 1 there was a significant change to the Stamp Duty rules relating to the transfer or sale of “Business Assets”.
What many investors may not have considered when they are renovating their investment property is the value of the items they are throwing or giving away.
Pick your favourite property expert and check out their advice regarding the benefits of claiming depreciation on their investment properties. Whether your a Margaret Lomas or Michael Yardney fan from way back, or you prefer Cam McLellan, or[...]
Too often investors miss out on valuable deductions because they don't believe a depreciation schedule will be worthwhile for their property.
Don't waste time assessing the feasibility of a depreciation schedule for an investment property -[...]
Are you running your business in leased premises?
Whilst the ATO prescribes standard rates for effective lives of construction and plant and equipment items, the varied methodologies used by depreciation service providers can result in thousands of dollars of difference in the final schedule[...]
Capital Allowance simply refers to the deductions claimable for the decline in value of depreciating assets. For you as a property investor, it means the deductions you can claim as an expense, for the ageing, wear and tear of your investment[...]