Have You Done A Tax Depreciation Report For Your Investment Property?
We are approaching that time of year again and more so than ever getting a tax depreciation report on your investment property this year is vital. Claiming depreciation for the wear and tear of your investment property can reduce your taxable income by thousands and thousands of dollars – each and every year. Yet research suggests up to 80% of property investors don’t take full advantage of all the deductions available. As Melbourne’s leading Property Advisors, we leave no stone unturned when it comes to identifying each and every eligible fitting or fixture the ATO allows you to claim depreciation on. Your comprehensive Tax Depreciation Schedule identifies and details every eligible claim in a concise, ATO compliant, easy to understand 40 year schedule. Allowing you to:
- Reduce the taxable income on your property
- Maximise your cash return
- Improve your overall return on investment Prepared by Melbourne’s most experienced and knowledgeable Property Advisors and Quantity Surveyors.