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So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer. By far the biggest potential depreciation winners are…
New to the property investment game and struggling with the lingo? You’re not alone. Below is one definition posted by news.com.au to build your real-estate knowledge. What’s depreciation? > Depreciation Often investors can claim a portion of the depreciating value of…
What’s depreciation? In a nutshell, it’s an allowance under tax laws in Australia for investors. It means they can claim deductions for expenditures in their property investments. Why depreciation? Even extremely well-built houses aren’t immune to wear and tear over the…
Q: What’s property depreciation all about? A: In a nutshell, depreciation is a tax deduction when your property’s value declines. The result: Less tax, more money in your pocket. Q: Where can I find professional help? A: Jim’s Building Inspections is…
Looking to claim? For property owners, depreciation is the gift that keeps on giving and another reason to talk with the professionals at Jim’s Building Inspections. To wit, investors deduct the amount of income-producing assets in decline over the financial year.…
Sure, it’s pretty. No question. Her inner-city beachy location is also a big positive. But besides the prospect of rising property and house prices long-term there’s another reason why ‘The Block’ is more than just a pretty face on a reality…
Sad fact: Many Australian rental property owners are failing to correctly calculate depreciation. “I have often seen clients who have owned investment properties for five, six or seven years and have never claimed any form of depreciation because they weren’t aware…