Depreciation Reports

Tax Depreciation Schedules are reports outling the depreciation amount for an investment property, providing the investor with a taxation benefit. All types of income producing properties may have substantial taxation benefits available.

 

Both new and old properties may attract some depreciation benefit that the investor is able to claim as a tax credit. A common myth is that older properties will attract no claim - which may not be true. Therefore, it's worth making an enquiry about any property regardless of age.

 

We can refer you to qualified Quantity Surveyors who can provide expert advice regarding your particular property.

 

The maximisation of depreciation claim on any building requires a combination of construction costing skills and knowledge of Tax Legislation. Your accountant will recommend a specialist to complete such a report, to maximise the depreciation benefits from your property. Quantity Surveyors are recognised by the Australian Tax Office to be appropriately qualified to estimate building costs for the purpose of depreciation.

 

 

 

 

 

DEPRECIATION REPORTS ENQUIRY FORM

Name:
E-Mail:
Mailing Address:
Suburb:
State:
Postcode:
Country:
Phone:
Mobile:
Property Details

Property Address:

Investment or Owner Occupier:
Purchase Price:
Stamp Duty:
Settlement Date:
Construction Date or Age of Property
Land Value:
Property Type





 
Was the land purchased separate to the construction of the house:

Included in purchase price:
 
Are you currently insured with someone?

         
Any questions or comments?