Property Depreciation Schedules - The New reality

How is the commercial property market faring?

AUSTRALIA’S RESIDENTIAL property market is, by all accounts, booming. But can the same be said for the commercial property market? The commercial property market is so large and with so many subsectors that you can’t apply a broad brush when talking about its performance, says Steve Palise, Owner and Buyers’ agent at Palise Property. However, […]

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 […]

Best Reasons to Invest in Commercial Property

You have a choice to make when investing in real estate. Commercial properties may be more difficult to manage than residential homes. However, there are plenty of reasons why you should invest in commercial property. So, you’ve decided to invest in real estate. Commercial properties may not seem like the best choice. They come with […]

Commercial and Residential Property

So how does commercial property really stack up against residential in relation to depreciation? While we have covered the differences between the two, there are also some similarities. For example, the higher the quality of the commercial property the higher the depreciation. And the taller the building in commercial property, the higher the depreciation allowance. […]

Commercial Space Deductions

Make Sure You Claim All Depreciation on Your Commercial Real Estate If you’re thinking about buying commercial real estate in Melbourne, you need to prepare yourself. Many people fail to claim the commercial tax deductions in Australia that are due to them. This results in thousands of lost dollars. You can claim for all sorts […]

Finally, Some Clarity

On Friday 14th July, the Treasury Office released a draft bill regarding how depreciation deductions on a second-hand property can be claimed moving forward. They also invited interested parties to make submissions. It’s complicated, to say the least, so I’ve tried to simplify this Bill and the key points. Here are my 9 Key Takeaways […]

Property Scams and the 13 Ways You Can Spot One

They’re suave, they’re slick and above all, they’re convincing, with their sales pitch down pat. Who are they? Property spruikers. Unfortunately in Australia’s largely unregulated property advisory market spruikers – masquerading as experts – can flourish and their unsuspecting victims stand to lose a lot of money. How can you avoid being preyed upon? We’ve […]

What Depreciation Rate can I claim on my Property?

Property Depreciation Rates – Timelines to Consider for Residential and Commercial Properties Property investors ought to know that when it comes to claiming building allowance, there is a maximum amount to go for which is the full 4%. Building allowances, which are deductions that allow you to claim your investment property’s construction expenses against your […]

Can you Claim Depreciation on Commercial Property?

Hi. I’m Tyron Hyde from Washington Brown. When I first bought this property in the city two years ago, it looked like this. It was ugly, run-down, and in desperate need of some TLC. But the location, the heart of the city, is perfect. So I got a designer to create a new floor plan […]

How to Claim a 4% Building Allowance on Your Investment Property and Get Away With It!

4% Building Allowance Investment property THE BUILDING ALLOWANCE (sometimes referred to as the Capital Works Deduction) is a deduction that enables property investors to offset the hard construction costs of their investment property against their assessable income. Hard construction costs may include items such as concrete, brickwork, common property items that are not plant and […]