Sydney Property Investors - Must Read

Depreciation Schedules – The New Reality

The COVID-19 pandemic has forced many businesses to reflect on “industry norms” and the way they operate. We are no exception. At Washington Brown we believe in researching each property and advising clients on the best way to approach achieving the maximum depreciation in the most cost-effective way. Since the pandemic we have individually assessed […]

Budget Changes to Depreciation

The 6 must-know takeaways from these budget changes: For residential property, you will only be able to claim depreciation on plant and equipment items (ovens, dishwashers etc.) when you buy a brand new property.  You will still be able to claim the building allowance (bricks, concrete etc.) on any residential property built after 1987. If […]