Depreciation Schedule Articles:

depreciation without an inspection

Statistics Don’t Lie – Depreciation Schedule inspections

THE NUMBERS are in. There’s no denying it. It’s now a fact that not every property needs a physical inspection by a depreciation expert for the maximum tax deductions to be claimed. The truth is that the majority don’t need a physical inspection, saving you time and money. We’ve been saying this for a long […]

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Will investors win by investing in Brisbane pre-the Olympic Games?

With the recent announcement that Brisbane has won the right to host the 2032 Olympic and Paralympic Games, many property investors may wonder if they will find themselves on the winners’ podium if they buy in this city. Should you rush in and buy, with the idea of capitalising on future growth? The simple answer […]

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The Year 2020

Depreciation Schedules – The New Reality

Deprection Inspections – Do You Always Need One? The COVID-19 pandemic has forced many businesses to reflect on “industry norms” and the way they operate. We are no exception. At Washington Brown we believe in researching each property and advising clients on the best way to approach achieving the maximum depreciation in the most cost-effective […]

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5 Things Santa Can Help You Claim!!

I wanted to spread some Christmas Cheer and mention the 5 little-known things you CAN claim on if you’ve purchased a property built after 1987. This season is about giving and I hope the below gives you some further insight on how to maximise your Tax Depreciation deductions. 1. A Capital Idea Many investors do […]

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Fireworks

IT’S OFFICIAL

Since our beginning, well over 40 years ago now, Washington Brown has always placed as much importance on achieving the maximum ATO-Compliant deductions for our clients as we have on ensuring the highest levels of Customer Service and Satisfaction. With these aspects being at the core of the business’ values, we are understandably both proud […]

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What is a depreciation schedule

What is a Depreciation Schedule?

Property depreciation is a legal tax deduction related to the ‘wear and tear’ of an investment property over time. A tax depreciation schedule outlines the deductions you may be entitled to claim each year of ownership on the Building Allowance (the structure itself including bricks, concrete, etc.) and, if eligible, on the Plant and Equipment […]

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Hand touching graph moving up with plan growing

Building Allowance Maximiser

 Let’s talk about bricks and mortar. Or what the Government calls the Building Allowance. Whilst you can no longer claim depreciation on plant and equipment in second-hand investment properties, that’s the things like ovens, dishwasher etc. You can still claim the structure of the building, that’s the bricks, concrete, windows, tiling, etc. provided the […]

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Depreciation Budget Changes

Changes to Depreciation Law for Investment Properties

The top 14 changes to depreciation for invesment properties. Well, the dust has finally settled on the new legislation regarding the changes to the depreciation law for investmenr properties 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 […]

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Budget Depreciation Changes

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 […]

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Depreciation in New Residential Buildings

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 […]

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