Property Depreciation Schedules - The New reality

The HomeBuilder Grant

Is the new HomeBuilder grant scheme enough? IN THE AFTERMATH of COVID-19, things are changing all the time, including restrictions and the impact these are having on a range of industries, including property. So far the property market seems to be holding up pretty well, with minimal falls in values. But it’s a different story […]

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 […]

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 […]

Information for New Build Properties

If you’ve engaged a builder, bought a house and land package, or constructed a brand new home yourself, then there is some great news!   The 2017 Budget changes to depreciation don’t affect you (provided you never lived in the house yourself); and,   We can generally complete your report at a lower fee, as […]

What a load of Scrap!

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 […]

Is The Block the world’s worst development?

Washington Brown has crunched the numbers on The Block’s latest development in Melbourne’s inner-city bayside suburb of Port Melbourne, and something just doesn’t add up.  From a financial point of view the development, which consisted of transforming a 1920s art deco building into a luxury apartment block, was one of the worst he has ever […]

How will Donald Trump impact Australian property?

What does Trump’s election victory mean for Aussie real estate? Since the US election, there’s been endless speculation about what the win from Donald Trump will mean for not only the US, but other countries around the globe. Would you believe that the predictions for Australia’s property market range from doom and gloom through to […]

Increase Cash Flow with these Depreciation Tips

Claiming depreciation is one of the most important steps in an investor’s journey. Here’s my Top 5 Tax Depreciation tips to maximise the return on your investment property. Number 1: Use an Experienced Quantity Surveyor You’ve just paid hundreds of thousands of dollars for a property. Do you really want to risk missing out on […]

What is Building Consultancy?

Building consultancy services help investors and developers recognise, maintain and increase their property’s value, while helping to minimise their risk. Building consultancy services include: Technical due diligence reports Make good schedules Condition schedules and condition surveys Contract administration services Employer’s agent Reinstatement cost assessments Building pathology and defects analysis Access audits and OH&S assessments Refurbishments […]

How to Stay Under the ATO’s Radar…

Learn how to stay under the ATO’s radar by watching this video A depreciation schedule on your investment property can generate significant tax savings – as long as it has been complied correctly. In my experience there are three areas the ATO tends to target come tax time. One of them is whether you’ve claimed […]