Property Depreciation Schedules - The New reality

Depreciation and Natural Disasters

Depreciation and Natural Disasters: Everything You Need To Know A natural disaster could have a devastating effect on your investment property in Australia. You may need to get a new depreciation schedule to account for any repairs you make. Here’s what you need to know. You cannot underestimate the effects natural disasters can have on […]

Claim Depreciation on Previous Owners’ Renovations

You Can Claim Tax Deductions in Australia for Previous Renovations When considering tax deductions in Australia, most investors only take their own renovations into account. It does make sense. After all, why should you be eligible to claim deductions on your investment property in Australia if you didn’t pay for the work? Perhaps surprisingly, you […]

Busting the 8 Myths of Depreciation Schedules

There are many myths floating around when it comes to tax depreciation. Especially regarding what property investors are entitled to claim. Below are some of the most common myths I have heard during my time as a qualified Quantity Surveyor. NOTE: Information below regarding plant and equipment items may only apply to properties purchased prior to May […]

Is Your Tenant Guilty of Illegal Property Subletting?

Short-stay accommodation platforms such as AirBnB can be hugely beneficial to landlords. A recent global study found that financially you’re much better off renting your property on Airbnb than in the traditional way with a permanent tenant. The Nested.com 2017 Real Estate Return on Investment Index found a three-bedroom property in Sydney would take 80 […]

What a load of Scrap!

Whenever I am delivering a presentation or conducting a webinar, I always make sure to leave time for a 30 min Q&A session at the end. In most Q&A sessions, the topic that by-far receives the most queries has to do with the concept of “scrapping” in relation to property tax depreciation. Claiming the Residual […]

The 14 Property Must Haves For Every Property Investor

Every investor – whether expert or amateur – should be looking for the same things in a property investment to ensure its success. While there is no exact formula for buying a successful investment, it’s handy to have a checklist to consult to make sure you’re on the right track. Below are some of the […]

13 Ways to Maximise Your Rental Yield

While a property investor’s major goal is likely to be capital growth, they’ll also be looking for solid rental yields to help them hold onto their asset. To achieve the best possible rental return, you’ll need to maximise the appeal of your property to potential tenants. But what do tenants want? Generally they’ll want a […]

Time for That Spring Renovation

Don’t Forget Depreciation on Your Spring Renovation I don’t know about you, but every time I see that sun coming towards spring– I start thinking “What can I fix up around the house… or who can I get to do it!” But before your excitement gets you too caught up in painting your cupboard a […]

How to Stay Under the ATO’s Radar…

Learn how to stay under the ATO’s radar by watching this video A depreciation schedule on your investment property can generate significant tax savings – as long as it has been complied correctly. In my experience there are three areas the ATO tends to target come tax time. One of them is whether you’ve claimed […]

Investment Property Depreciation Tips

How to save THOUSANDS OF DOLLARS a year on your investment property taxes with these 7 Property Depreciation Tips! Depreciation can still be a bit of a mystery to even the most experienced of property investors. To novice property investors it most certainly always is. To simplify depreciation, basically, it allows you to claim the […]