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[...]
Looking for ways to quickly improve the cash flow of your investment property? Here are 5 suggestions you can consider:
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.
Just because an investment property is negatively geared, it does not mean it cannot produce a positive cash flow.
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 -[...]
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[...]