What is Tax Depreciation?
Depreciation is the accounting method used for calculating the loss in value for a building and its fixtures & fittings over time.
With a Tax Depreciation Schedule, you can claim that loss on rental properties as a deduction in your tax return every year until the cost of the asset is fully written off.
All TYPES OF investors CAN have a tax depreciation schedule on their investment property
First time investors
Self Managed Super Funds (SMSF)
What can you claim Depreciation on?
Bricks & mortar
Carpets & flooring
White goods & electrical appliances
Toilets & showers
Pools & pergolas
Air conditioning & solar panels
Door handles & garbage bins
Strata common areas
Tax Depreciation is crucial for any investment property strategy.
Why get a Tax Depreciation Schedule?
For financial gain
To generate additional cash flow that can be used to fund other investments
To offset the losses from falling rents and high vacancy rates
To claim an immediate deduction on scrapped items if renovating
Tax Depreciation applies to:
How do I book?
We will arrange site access and conduct an inspection of the property.
You will receive your completed Tax Depreciation Schedule within 7 days.