Rental Property Depreciation
Each year thousands of savvy investors who want to secure their financial future choose to purchase an investment property. Many understand that there are tax advantages of owning an investment property. Fewer take advantage of ‘all’ the tax deductions available to them.
One of the most overlooked deductions is Depreciation. It’s surprising when you consider it’s often the largest deduction after interest payments. Some investors know about depreciation but underestimate the deductions available without checking. In both these scenarios $1000s in additional tax deductions could be missed.
When it comes to Depreciation, it pays to check with the experts who can tell you how much of a claim you might have.
To work out how much depreciation you’re entitled to claim you’ll need a Tax Depreciation Schedule from a Quantity Surveying firm. Many of our clients have used Depreciator and have had a great experience. They specialise in Tax Depreciation; it’s all they do.
They will be happy to provide a no obligation quote and an estimate of your available depreciation. Just call them on 1300 66 00 33 or click here to request an estimate and quote.
