Property Depreciation Schedules - The New reality

Stamp Duty Changes for NSW?

AFTER MANY months of speculation, the New South Wales Government has revealed its plan to overhaul stamp duty in the state. What is it all about? The measure, announced as part of the 2020-21 NSW Budget handed down on Tuesday, will be open for public consultation until March so the community can have a say. […]

Should Negative Gearing Change?

Labor’s Negative Gearing Policy I get it. I get why a large proportion of Australians are against the tax deductions available to ‘negatively geared’ property investors. And I agree (in some ways) – that the current policy of allowing property investors to deduct their property losses against their wages could be improved (some/most of you […]

The Top 14 Depreciation Law Questions Arising from the Budget Changes

Well, the dust has finally settled on the new legislation regarding the Budget changes to depreciation that will apply to second-hand residential properties. In this article we will dig deep into some of the questions we have commonly been asked since the 9th of May 2017, when the changes were announced in the Federal Budget. […]

The Budget Change and How it Affects our Rental Property

Dealing with your rental property post-budget change Before the budget change investors were entitled to claim plant and equipment and building allowance, so long as the property was built post-1987 and the property had settled within 10 years of getting the depreciation report, even if they had lived in the property prior, post or during […]

Your Guide to Commercial Property Investment

If you’re looking to invest in real estate, commercial properties present plenty of opportunities. However, you need to consider the risks and market drivers. This commercial property investment guide will help you. You must think about more than the property investment basics when investing in commercial real estate. There are many complex market issues at […]

Five Secrets to Improving Investment Property Cashflow

Cashflow can become a major problem with yourproperty investment. For beginners, slow cashflow could prevent you from building your portfolio as quickly as you’d like. Happily, there are some tricks you can use to make improvements to your investment property cashflow. So, you’ve got what you think is a great investment property. You’ve followed all […]

The Five Things Your Tax Depreciation Schedule Must Contain

An investment property tax deductions calculator won’t always show you everything you can claim. Many leave out the assets that go into a typical depreciation schedule. Here are the things that your tax depreciation schedule must contain. When it comes to tax, there’s one question you must ask about your investment property: what can I […]

The Secrets of Backdating Your Property’s Depreciation

Property depreciation is one of the largest tax deductions for homeowners in Australia. But did you know that you can backdate your property’s depreciation? Doing so could save you thousands of dollars every year. As an investor, you need to take advantage of all the tax deductions Australia has to offer. Property depreciation deductions allow […]

Your Guide to Claiming Depreciation on Granny Flats

Many see granny flats as an easy property investment. For beginners, they offer the opportunity to start investing, without spending too much money. As with any investment property, you must remember to claim for the depreciation of your assets. Tons of people like the idea of buying an investment property. Australia offers plenty of opportunities, […]

Capital Works Deductions On Your Investment Property

Capital works allowance The capital works allowance, or the building allowance as it is more commonly called, refers to the construction costs of the building itself including items such as concrete and brickwork. Capital works deductions Capital works deductions are income tax deductions. They can be claimed for expenses such as building construction costs or […]