Investment Property Depreciation

Renovating your investment property doesn’t just boost its appeal—it also opens the door to significant tax savings. At Washington Brown, your scrapping schedule will become a true “game changer” when completed by a professional. With our support, you can claim the un-deducted value of replaced assets, from carpets to kitchen appliances.

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. […]

How Much Does a Depreciation Schedule Cost? Typically, you could expect to pay between $385-$770 for a depreciation schedule. Your fee will vary based on the property type, location and complexity. $500-600 is a fairly standard price for an established, residential home. In these circumstances, the properties aren’t brand new. This usually means you’ve purchased […]

Property Genuinely Available For Rent – Washington Brown Rent expenses are deductible from the price that they are incurred for the purpose of producing rental income. Sometimes, rental expenses can be deductible for periods even when the property is not being rented out. However, this is only the case provided the property is genuinely available […]

Did you know the laws regarding claiming depreciation have changed? Because of this, your property may not need an inspection – learn why.

 Did you know? Did you know that lower-priced property often has a higher depreciation ratio in relation to the purchase price? During one of my recent media interviews, a journalist asked me to explain my comments on this issue. Most of us know that higher-priced property tends to rent on a yield far less than […]

Claiming depreciation on residential property is one of the most important steps in an investor’s journey. But those new to property investing often overlook some important key items of depreciation. The three most commonly missed items property investors can claim are: • Design and professional fees • Council costs • Builder’s profit Most people know […]

If you own your own business, are you currently leasing commercial space but considering buying your own premises? Or are you considering investing in your next property but can’t decide between a commercial or residential investment? Commercial property has fared far worse than residential property since Covid and beyond. The number of transactions has plummeted. […]

How To Calculate Depreciation on Investment Property | WB What is the process for calculating depreciation on a house for tax purposes? Before getting scared off by the following explanation of calculating depreciation expenses, you need to know that tax depreciation quantity surveyors can prepare a custom depreciation schedule for you. All you’ll need to […]

THE NUMBERS are in. There’s no denying it. It’s now a fact that not every property needs a depreciation schedule inspection 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 time, but you […]