Property in Lockdown? - Must Read Inspection Options

Claim Depreciation on your Overseas Property

Fancy a villa in Tuscany? What about a condo in LA or a loft apartment in New York? Yes, please! But the question everyone wants answered; can I claim depreciation on this property… The simple answer is yes! Difference between overseas and Australian property depreciation The main difference between an overseas property and one in […]

Depreciation on Holiday Homes

Go on holidays and claim depreciation! The ATO has recently announced a crackdown on property investors over-claiming deductions on holiday homes, this includes depreciation. If you’ve been on holidays, it’s very easy to get caught up in the romance of owning your own holiday home. Purchase price, stamp duty and mortgages offset by the rental […]

Wallabies Win affects Overseas Investment

After an early wake up on Sunday to watch the Wallabies have a brilliant victory over our old nemesis, England (commiserations guys) I was drinking my 3rd coffee of the morning and in a euphoric haze I starting to wonder to myself, how many teams are playing in this tournament? It turns out there are […]

Overseas Property Depreciation

Fancy a villa in Tuscany, what about a Condo in LA or Loft apartment in New York? I do! But can I claim depreciation on this property… The short answer is yes!  The main difference, however, is in regards to claiming the building allowance – that’s the wear and tear on structural elements of the […]