After much initial angst back in May, we have seen little difference in investor demand for depreciation schedules, with schedules requested from Capital Claims Tax Depreciation to be greater over the May - September period than compared with the[...]
Fact 1. Depreciation is typically one of the largest deductions available to property investors
Averaging between $6,000 and $12,000 in the first full year for standard residential properties, tax[...]
Recap of the changes
In the Budget announcement of May 9, 2017 the Government stated their intention to limit the deductions claimable by investors for the depreciation of their Plant and Equipment assets in residential[...]
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[...]
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[...]
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[...]
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[...]
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.