Investors commonly learn about the benefits of tax depreciation after their property has been income-producing for some time. Unfortunately, this is often due to either
Yes you can back-claim depreciation of your investment property for previous years… If you have held your investment property for a number of years but
Many homes, particularly those that are older, have undergone some capital improvements and additions over time. Investors may be wondering how they can claim tax
Whilst the ATO prescribes standard rates for effective lives of construction and plant and equipment items, the varied methodologies used by depreciation service providers can
Whether you purchase a house or a unit there are substantial residential property depreciation deductions to claim from both. However, claims can vary from each
Tax deductions for depreciation is certainly not the only thing, or even the most important thing that investors need to consider when purchasing an investment