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:

Commercial Property Depreciation Articles:

Instant Asset Write-Off: How to Claim There has never been a better time to upgrade your office and claim the Instant Asset Write-Off (IAWO). This tax benefit allows you to claim immediate deductions for eligible office purchases, turning your investments into tangible tax savings. At Washington Brown, we’ve helped countless clients understand how to maximise […]

Hotel Pub Depreciation Experts – Washington Brown

Tax depreciation is one way a business can maximise its returns. Once utilised, it becomes a tool for success, but few know how to take advantage of it. In this pub and hotel depreciation guide, you’ll learn what you need to ensure you maximise Australian tax laws. What is a Pub or Hotel Depreciation Schedule? […]

difderence between residential and commercial depreciation

Differences Between Commercial And Residential Property Depreciation

If you own your own business, are you currently leasing commercial space but considering buying your own premises? Or are you considering investing in your next property but can’t decide between a commercial or residential investment? Commercial property has fared far worse than residential property since Covid and beyond. The number of transactions has plummeted. […]

Empty sunlit spacious conference board room

The future of office buildings… – Washington Brown Is the office as we know it dead? MUCH has been said about the future of workplaces since COVID-19 forced some major changes to office life as we know it, kicking flexible work practices into gear. At this stage, no one really knows how offices will look […]

Depreciation Law Changes – Must Know | Washington Brown

What are the top changes to property depreciation laws? Under the new Depreciation Tax Law Changes, property investors who acquire a second-hand residential property on or after 10 May 2017 that contains “previously used” assets will no longer be able to claim depreciation on those eligible assets. In this case, existing assets include ovens, dishwashers […]

Best Reasons to Invest in Commercial Property – Washington Brown

You have a choice to make when investing in real estate. Commercial properties may be more difficult to manage than residential homes. However, there are plenty of reasons why you should invest in commercial property. So, you’ve decided to invest in real estate. Commercial properties may not seem like the best choice. They come with […]

Commercial and Residential Property – Washington BrownCommercial and Residential Property So how does commercial property really stack up against residential in relation to depreciation? While we have covered the differences between the two, there are also some similarities. For example, the higher the quality of the commercial property the higher the depreciation. And the taller […]