Commercial Property Tax Depreciation
Commercial properties can offer a great alternative to investing solely in residential housing. It can pay to look beyond residential property; take a look at some of the key differences between residential and commercial property here.
Not only will they diversify your portfolio, they also tend to offer great yields – improving your overall cashflow.
One of the best features of commercial property investments, is that they offer fantastic depreciation benefits.
While the 2017 Federal Budget had a major impact on how investors can claim depreciation on residential property, commercial properties were left untouched.
If you own a commercial property you should be claiming tax depreciation on it now.
If you want to learn more about commercial property depreciation, here are some great places to start:
