You Guide to Capital Gains & Depreciation Schedule Examples

digg_url = ‘http://theyounginvestor.com.au/2009/12/07/best-equity-home-loans/’;
digg_title = ‘Best Equity Home Loans’;
digg_bodytext = ‘What are The Best Equity Home Loans?
An equity home loan is a mortgage that is taken over the remaining equity in your home.
Equity is the amount of the property that you own, which isn’t owing to the bank. It is essentially the e between your existing [...]

digg_url = ‘http://theyounginvestor.com.au/2009/12/05/are-you-maximising-the-tax-depreciation-and-capital-allowance-benefits-available-for-your-investment-property/’;
digg_title = ‘Are you maximising the tax depreciation and capital allowance benefits available for your investment property?’;
digg_bodytext = ‘All types of income producing properties have substantial taxation benefits available to be claimed as a tax credit. Many property investors are missing out on thousands of dollars in tax depreciation deductions. Both new and [...]

digg_url = ‘http://theyounginvestor.com.au/2009/12/01/what-is-the-difference-between-repairs-and-improvements/’;
digg_title = ‘What is the difference between repairs and improvements?’;
digg_bodytext = ‘The Australian Taxation Office (ATO) differentiates between repairs and improvements.
To ensure the best results are obtained from an investment property, it is important to understand the difference between the two claim options.
Definitions
Deductible Repair: Returning items or property to their original state; an [...]

digg_url = ‘http://theyounginvestor.com.au/2009/11/27/a-guide-to-buying-investment-property/’;
digg_title = ‘A Guide to Buying Investment Property’;
digg_bodytext = ‘Buying your first property is a big deal. Buying your first investment property is even harder. You have to get all the right information and advice before you take the plunge. Arm yourself with as much knowledge as you can and you will buy [...]

Effective real estate investment tips, when followed properly, can help turn the investment roller coaster into something a lot more predictable, especially in this challenging real estate environment. Though the current market is judged to be somewhat down, it is always the case that it will eventually rebound. Be prepared when it does to move in.

digg_url = ‘http://theyounginvestor.com.au/2009/11/20/are-you-maximising-common-property-depreciation-benefits/’;
digg_title = ‘Are you Maximising Common Property Depreciation Benefits?’;
digg_bodytext = ‘Are you maximising your common property benefits?
Common property refers to the areas within an apartment complex or development that are shared between owners. In general, common areas are designated areas of a building or land that are available for use by all occupants, [...]

digg_url = ‘http://theyounginvestor.com.au/2009/11/12/q-how-does-the-low-value-pool-affect-items-that-are-part-of-a-set/’;
digg_title = ‘Q: How does the low-value pool affect items that are part of a set?’;
digg_bodytext = ‘A: The low-value pool is an effective rule allowing an increased depreciation deduction available to most investment property owners. Any asset in a rental property which costs less than $1000 can be included in the low-value [...]

digg_url = ‘http://theyounginvestor.com.au/2009/11/10/what-is-low-value-pooling/’;
digg_title = ‘What is Low Value Pooling?’;
digg_bodytext = ‘Q: What is low-value pooling?
A: Low-value pooling is a way of depreciating plant items which cost less than $1000 or have an un-deducted cost of less than $1000. The following types of depreciable assets can be allocated to a low-value pool:

Low-cost assets – A low-cost [...]

digg_url = ‘http://theyounginvestor.com.au/2009/11/08/can-depreciation-be-claimed-on-renovations-completed-by-previous-owners/’;
digg_title = ‘Can depreciation be claimed on renovations completed by previous owners?’;
digg_bodytext = ‘When a tax depreciation report is prepared, your tax specialist should take into consideration any renovations carried out by previous owners.
Even though you may not have carried out the work yourself, there may be depreciation deductions for you to claim.
A [...]

digg_url = ‘http://theyounginvestor.com.au/2009/11/04/what-is-effective-life-of-an-asset/’;
digg_title = ‘What is Effective Life of an Asset?’;
digg_bodytext = ‘Effective lives – Explained
The ‘effective life’ of an asset is used by a Quantity Surveyor to work out an asset’s decline in value.
The Australian Taxation Office (ATO) describes an effective life as ‘the period of time that a depreciating asset can be used [...]