Property Depreciation Schedules - The New reality

The Ultimate Guide to Claiming Capital Works

Find out What Capital Works Are and How You Can Claim Them Not all people buy an investment property in Australia and leave it just the way it is. Many invest in improvements, so they can charge more rent to tenants. Buying a property and making improvements to it is one of the best investment […]

Commercial Space Deductions

Make Sure You Claim All Depreciation on Your Commercial Real Estate If you’re thinking about buying commercial real estate in Melbourne, you need to prepare yourself. Many people fail to claim the commercial tax deductions in Australia that are due to them. This results in thousands of lost dollars. You can claim for all sorts […]

8 Tips To Maximise Your Tax Return

It’s hard to believe, but we’re approaching that time of the year again – tax time! As the end of the financial year draws closer, you’ll likely start thinking about that big fat tax refund and what you can do with it. But first you need to make sure you maximise your cheque. To help […]

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 […]

Tax Time: What You Can Claim

Tax time is creeping up on us! So I thought I’d provide a simple list of some things that you can claim on. And that will help you save some money. If you’ve been reading this blog, you’d know by now that some things cannot be claimed as an immediate deduction. However, there are some […]

6 Reasons to Love Property

There are a myriad of reasons as to why I have been drawn to property Below are the six main reasons: Reason # 1 – You can add value One of the principal advantages of investing in property is that you can buy a rundown old property and increase the value of your investment by […]

How to Claim Low-Value Pooling

Immediately Write Off $300 and Low-Value Pooling (NOTE: Deductions for these plant and equipment items may only apply if you bought the property prior to May 9, 2017 – Read about the Budget changes here). Depreciation deductions are pro-rated depending on when you take ownership of a property. However, like with everything, there are exceptions […]

Why do I need a Quantity Surveyor?

Yes, builders are good at building. However, that doesn’t necessarily make them good at maximising the depreciation allowances you, the developer or investor, are entitled to. That’s why if you have contracted a builder to construct your investment property, it definitely pays to have a quantity surveyor prepare a depreciation report for you. In my […]