A Quantity Surveyors Report (for depreciation purposes) is used by investors to claim maximum tax deductions for the depreciation of their investment property.
Within the property industry, a quantity surveyors report is also known as:
Prepared by a quantity surveyor, the report clearly details the annual deductions available to an investor for the depreciation of their investment property.
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.
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.
Mark is an expert quantity surveyor, business owner, public speaker and property developer. With 20+ years experience in the construction and quantity surveying industry Mark’s specialist expertise have been sought in consultant capacity by professional bodies such as the National Institute of Accountants and the National Tax and Accountants Association, and he has presented at various property and tax seminars and expos nationwide. Mark holds a Bachelor of Construction Management from the University of Newcastle, is an affiliate member of the Australian Institute of Quantity Surveyors and a Registered Tax Agent.View all posts by Mark Wilkins