Investment Property Depreciation Articles:

Property Genuinely Available For Rent

Rent expenses are deductible to 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 for rent. This means, the property is being […]

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What If My SMSF Owns The Property ?

Should I be taking control of my depreciation report or should I leave it to my SMSF? Your depreciation report will vary, depending on the entity that owns the investment property. The self-managed superannuation fund (SMSF) sector in Australia has seen tremendous growth over the past few years. This is not a surprise, given the […]

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Low Priced Property, High Depreciation Ratio

 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 […]

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Three Most Commonly Missed Items Property Investors Can Claim

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 […]

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Differences Between Commercial And Residential Property Depreciation

If you own your own business, are you currently leasing commercial space but thinking of 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 in the years since the GFC and beyond. The […]

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How is Property Depreciation Calculated?

The Process Before feeling intimidated by the following explanation, if you so choose, all you really need to know is that a quantity surveyor can inspect your property and prepare a depreciation schedule for you, without you having to understand how exactly depreciation is calculated. If that is the case, all you’ll need to do […]

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How to calculate depreciation on a investment property

How to calculate depreciation on your investment property

Step by Step Guide on how to calculate depreciation on your investment property. Before getting scared off by the following explanation, you need to know that a quantity surveyor can inspect your property and pre- pare a depreciation schedule for you. All you’ll need to do is hand it over to your accountant at tax […]

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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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Case Study – Old House Depreciation (Built After 1987)

Client Name and Unit Number have been altered for privacy. Marie came to Washington Brown looking to maximise her tax depreciation deductions, having purchased a second-hand investment property in 2018. The house was originally built in 2000 and was purchased for $1,200,000 in 2018. The two storey house consisted of 4 bedrooms, 2 bathrooms and […]

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