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[...]
Many investors don't realise they can claim depreciation of structural (Division 43) renovations completed by previous owners. When you purchase an investment property that is not brand new, any built improvements or additions completed on the[...]
Just because an investment property is negatively geared, it does not mean it cannot produce a positive cash flow.
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?
Just bought an investment property? You can still make this financial year count!
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[...]
Late last year the Australian Taxation Office announced its intention to obtain details of property transactions dating back to September 20, 1985. Yes, you did read that correctly - the scope and amount of information they will be reviewing is[...]