* Prime Costs and Diminishing Value Reports
* Low value and low cost pooling standard
* Sample report on request
* Comes with ongoing support on your report
* The Special Offer applies to a lowset dwelling within 10km radius from the CBD
* Low value and low cost pooling standard
* Sample report on request
* Comes with ongoing support on your report
* The Special Offer applies to a lowset dwelling within 10km radius from the CBD
* (1) Sydney from $500 plus GST for the full site inspection Tax Depreciation Schedule report
* (1) Melbourne, Perth, Adelaide, Darwin, Cairns, Canberra, Hobart, Brisbane & Gold Coast from $450
plus GST for the full site inspection Tax Depreciation Schedule report
* (2) Renovation report from $250 plus GST, Granny Flat $275 plus GST
& House $275 plus GST for the online Tax Depreciation Schedule report
Property Tax Depreciation report
Many property investors are losing potential credits by failing to take full advantage of a property’s tax depreciation potential. An often overlooked method of obtaining tax credits, property tax depreciation is available to any property owner who obtains assessable income by way of rent or operates a business from a property.
Answers to some of the key questions asked regarding depreciation of investment property are:
- As a general rule any property constructed after 16th of September 1987(residential) and 20 July 1982 (non-residential) is eligible for the construction write-off allowance;
- All buildings, regardless of age, will attract depreciation and the building write-off allowance if refurbishment works have been undertaken since 16th of September 1987 (residential) and 20 July 1982 (non-residential);
- All external works including fencing, paving, pergolas, garden sheds etc constructed after February 1992 will attract the building write-off allowance;
- A depreciation report can be prepared to allow a client to easily recover missed depreciation benefits (up to a period of three years) by amending previous tax returns.