Sydney Property Investors - Must Read

Back-to-basics on Property Depreciation

How does investment property depreciation work? What is depreciation? Let’s start right at the beginning. Depreciation is basically a tax deduction available to property investors. Your investment property earns an income (in the form of rent from your tenants). So, as with any activity that produces an income, there are various tax deductions available to […]

Can I DIY my own Depreciation Report?

As an expert in the market I am baffled by the number of companies that offer do-it-yourself depreciation schedules. Not only are there some potential legal issues but, more importantly, you will be missing out on deductions. The Issue with DIY Depreciation The DIY depreciation option generally gives you a tick sheet and asks you […]

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 […]

Schedule of Condition Report

A schedule of condition Report details the existing condition of a building at a specific point in time, which is usually used when leasing, purchasing or updating property assets or when there is a change of ownership. It is an item-by-item account describing the elements of the building and their condition and it is recorded […]

A Good Look at Property Depreciation Schedules

What is a property depreciation schedule? Property depreciation schedules refer to an accounting process used to calculate the value left in any given property or equipment. These are procedures that any property investor should look into if you seek to maximise the return of your property at the end of each financial year. You’ve may […]