You Guide to Capital Gains & Depreciation Schedule Examples

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 benefit that the owner is able to claim as a tax credit. A common [...]

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 per year Scenario [...]

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 no claim. ? You can adjust previous year’s [...]

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 be carried out as this will accurately identify all items [...]

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 property purchase, they often overlook depreciation as an [...]

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 rates has compounded the problem, with most [...]

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 of the market (the studio and 1 bedrooms in our area) [...]

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 a tax deduction, and you can claim depreciation even if [...]