Tax Depreciation Schedule Articles:

Hotel Pub Depreciation

How to Claim Depreciation on Hotel or Pub

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? […]

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When Do I Sell My Investment Property?

One thing to remember with property investment is that your entry and exit costs are pretty high. You have to consider stamp duty, your advertising and marketing costs when you sell and the capital gains tax. Overall, you make your money in property when you’re buying. That is, if you buy right. If you think about the developers, they make […]

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Low Priced Property, High Depreciation Ratio

 Did you know? Did you know that lower-priced property often has a higher depreciation ratio in relation to the purchase price? During one of my recent media interviews, a journalist asked me to explain my comments on this issue. Most of us know that higher-priced property tends to rent on a yield far less than […]

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Three Most Commonly Missed Items Property Investors Can Claim

Claiming depreciation on residential property is one of the most important steps in an investor’s journey. But those new to property investing often overlook some important key items of depreciation. The three most commonly missed items property investors can claim are: • Design and professional fees • Council costs • Builder’s profit Most people know […]

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Differences Between Commercial And Residential Property Depreciation

If you own your own business, are you currently leasing commercial space but thinking of 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 in the years since the GFC and beyond. The […]

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The Ultimate Guide to Rental Property Tax Deductions

All property investors must consider tax deductions. Australia has clear rules in place. The Australian Taxation Office (ATO) outlines the basics, but here’s what you really need to know. There’s one key question to ask yourself when you buy an investment property. What can I claim? It’s a simple question, but one that doesn’t have […]

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depreciation without an inspection

Statistics Don’t Lie – Depreciation Schedule inspections

THE NUMBERS are in. There’s no denying it. It’s now a fact that not every property needs a depreciation schedule inspection for the maximum tax deductions to be claimed. The truth is that the majority don’t need a physical inspection, saving you time and money. We’ve been saying this for a long time, but you […]

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Case Study – Old House Depreciation (Built After 1987)

Client Name and Unit Number have been altered for privacy. Marie came to Washington Brown looking to maximise her tax depreciation deductions, having purchased a second-hand investment property in 2018. The house was originally built in 2000 and was purchased for $1,200,000 in 2018. The two storey house consisted of 4 bedrooms, 2 bathrooms and […]

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Case Study – Brand New Apartment

Client Name and Unit Number have been altered for privacy. Having recently settled on an off-the-plan apartment in Clayton, Victoria, Paul’s accountant suggested he contact Washington Brown to maximise his tax deductions. The 74sqm, 2 bedroom, 2 bathroom apartment was purchased for $559,000 in 2020. As Paul was the first owner and had never occupied […]

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