Property Depreciation Schedules - The New reality

Depreciation Old Investment Property

I often get asked, “Can I claim depreciation on my very old investment property?” The simple answer is yes, but this is where a lot of investors make a mistake. There are two components to a depreciation schedule Quantity Surveyors prepare on your investment property. The Building Allowance The first component involves claiming what’s called […]

Depreciation: New vs. Old Property

Some people prefer to invest in brand-new properties while others opt for older properties that they can renovate and resell for profit. So, which is the better investment strategy? New vs old property? Depreciating New Properties / Houses Let’s have a look at some of the pros and cons of buying brand-new properties and almost-new […]

Tips & Tricks of Property Investing

Let’s get into the tips & tricks of property investing: 1. The higher the building, the higher the depreciation Why? Because it has more of that plant and equipment stuff that I’m talking about and this stuff depreciates faster. It also has things like gyms, pools, etc. (UPDATE: Deductions for plant and equipment items may […]