Property Depreciation Schedules - The New reality

The Top 14 Depreciation Law Questions Arising from the Budget Changes

Well, the dust has finally settled on the new legislation regarding the Budget changes to depreciation that will apply to second-hand residential properties. In this article we will dig deep into some of the questions we have commonly been asked since the 9th of May 2017, when the changes were announced in the Federal Budget. […]

The Budget Change and How it Affects our Rental Property

Dealing with your rental property post-budget change Before the budget change investors were entitled to claim plant and equipment and building allowance, so long as the property was built post-1987 and the property had settled within 10 years of getting the depreciation report, even if they had lived in the property prior, post or during […]

The Secrets of Backdating Your Property’s Depreciation

Property depreciation is one of the largest tax deductions for homeowners in Australia. But did you know that you can backdate your property’s depreciation? Doing so could save you thousands of dollars every year. As an investor, you need to take advantage of all the tax deductions Australia has to offer. Property depreciation deductions allow […]