Pick your favourite property expert and check out their advice regarding the benefits of claiming depreciation on their investment properties. Whether you follow Margaret Lomas or Michael Yardney, or you prefer Cam McLellan, or Jane Slack-Smith,[...]
Many investors don't realise they may be eligible to claim depreciation of renovations completed by previous owners of their investment property. The depreciation claimable will depend on when the property was purchased and the nature and extent[...]
A Tax Depreciation Schedule (also known as a Capital Allowance and Tax Depreciation Schedule or Quantity Surveyors Report, or Rental Property Depreciation Report) is a document, typically prepared by a professional Quantity Surveyor, that clearly[...]
Please note: this article has been updated following release of the Draft changes to legislation.
Click here to read the updated version of this article.
We were anticipating a show of commitment to address housing affordability in Tuesday[...]
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[...]