You Guide to Capital Gains & Depreciation Schedule Examples

digg_url = ‘http://theyounginvestor.com.au/2008/04/28/are-you-maximising-tax-depreciation-and-capital-allowance/’;
digg_title = ‘Are You Maximising Tax Depreciation and Capital Allowance?’;
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 old properties will attract some depreciation [...]

digg_url = ‘http://theyounginvestor.com.au/2008/04/27/tax-depreciation-an-investor-profile/’;
digg_title = ‘Tax Depreciation: An Investor Profile’;
digg_bodytext = ‘The depreciation benefit to every investor will vary. The following example has been provided as an approximate guide, using the diminishing value of depreciation.
Property:
A two bedroom unit purchased for $400,000
Income:
Rented for $385 per week
Total income of approximately $20,000 per year
Expenses:
Interest, rates and management expenses $32,000 [...]

digg_url = ‘http://theyounginvestor.com.au/2008/04/26/top-ten-tax-depreciation-tips/’;
digg_title = ‘Top Ten Tax Depreciation Tips’;
digg_bodytext = ‘1. If my property was built before 1985, is it too old?
No. It is worth noting that:
? Your investment property does not have to be new: Both new and old properties will attract some depreciation deductions. A common myth is that older properties will attract [...]

digg_url = ‘http://theyounginvestor.com.au/2008/04/18/how-can-i-maximise-depreciation/’;
digg_title = ‘How can i maximise depreciation?’;
digg_bodytext = ‘In order to maximise the tax benefit your investment property will attract, you will require the services of a recognised Quantity Surveyor with specific property tax depreciation skills and experience. To ensure you claim all your entitled depreciation deductions a site inspection will need to [...]

digg_url = ‘http://theyounginvestor.com.au/2008/04/18/becoming-depreciation-wise/’;
digg_title = ‘Becoming Depreciation Wise’;
digg_bodytext = ‘In terms of depreciation, what should you consider when making an investment property purchase decision?
If you are looking to purchase an investment property, it is worthwhile asking yourself a number of questions. While many investors consider location, purchase price and tenanting ability when contemplating an investment [...]

digg_url = ‘http://theyounginvestor.com.au/2008/03/31/another-boom-in-brisbane/’;
digg_title = ‘Another Boom in Brisbane?’;
digg_bodytext = ‘Australia’s housing crisis is expected to worsen considerably during the next five years, with property prices forecast to rise by as much as 40 per cent.
With housing affordability already at record lows, an annual construction shortfall will put further pressure on rents and house prices.
Rising interest [...]

digg_url = ‘http://theyounginvestor.com.au/2008/03/30/average-property-prices-in-spring-hill/’;
digg_title = ‘average property prices in Spring Hill’;
digg_bodytext = ‘Well, its been forever since i’ve updated, since the last rate hike the market has continued to climb we’ve been working flat out with more vendors needing to sell quickly, and ironically, an increase in buyers trying to get in to the bottom end [...]

digg_url = ‘http://theyounginvestor.com.au/2007/12/17/what-is-a-tax-depreciation-schedule/’;
digg_title = ‘What is a tax depreciation schedule?’;
digg_bodytext = ‘Depreciation is sadly often missed by investors, but it is a legitimate tax deduction.
The Tax office admits that 52% of investors don’t claim what they are legally entitled to. Don’t let it happen to you!
There is no cash outlay required to legitimately claim [...]