Every property investment carries a risk. In the case of speciality properties, the property investment basics won’t cut it. These are the pros and cons of investing in serviced apartments. If you’re a regular traveller, you may have stayed in a serviced apartment before. They occupy a strange middle ground between hotel and holiday home. […]

Attention! If you have a holiday investment home, you will be interested in this. The Australian Tax Office (ATO) has begun focusing on ‘holiday home’ investors to get you up to scratch on the current tax situation. Why the sudden shift in focus? This alteration in tactics is because of the ATO growing concerns with landlords and over-claiming […]

Whenever I am delivering a presentation or conducting a webinar, I always make sure to leave time for a 30 min Q&A session at the end. In most Q&A sessions, the topic that by-far receives the most queries has to do with the concept of “scrapping” in relation to property tax depreciation. Claiming the Residual […]

What is a Property Tax Depreciation Schedule? Depreciation itself means that the values of particular assets decrease over time because of constant usage (wear and tear). Tax depreciation schedules are documents that list all of these assets and their respective decline in value. Property investors can then use this data to claim their annual income […]

Objection 1 – Not understanding the importance and positive outcomes of a QS carrying out the report Answer: Little things can make a big difference to your deductions. For example, we start your tax depreciation schedule from the settlement date (other companies) do a generic full year, so you are pro-rating items under $300 and […]