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 available to an investor for the depreciation of their investment property. (What is depreciation/tax depreciation?)
If you are looking to purchase a Quantity Surveyors Report for your investment property, below is a useful checklist you can use to help ensure your report will be ATO compliant and maximise the deductions available to you.
It is a great idea to request a sample report and ensure your report is easy to read and understand - or your accountant may have to re-work the results at your cost!
A Capital Claims Tax Depreciation Report meets all of the above, plus, we offer a free desk-top feasibility assessment of your property first, so you can have a professional and reliable assessment performed up-front to ensure that our report will be worthwhile and valuable to you.
To find out what deductions you might be entitled to for depreciating your investment property click here.