Tax Depreciation schedules for investment properties is stiill the way to go to maximise you cash flow and improve…
Tax Depreciation schedules for investment properties is stiill the way to go to maximise you cash flow and improve...
Tax Depreciation schedules for investment properties is stiill the way to go to maximise you cash flow and improve...
Tax Depreciation Schedules Split 50:50 Increase Joint Owner Deductions
Splitting Tax Depreciation amongst multiple owners can improve your bottom line One of the lesser known benefits of being a joint owner of an investment property is that the depreciation claims can be higher overall when split between two or more owners. Splitting a Tax Depreciation Schedule between joint investment property owners will optimise deductions [...]
Residential tax Depreciation Slashed by Federal Government Legislation 2017
Residential tax Depreciation Slashed by Federal Government Legislation 2017 The federal government changes to the depreciation of plant which were proposed in the May budget were passed by the senate on 15th November 2017. A number of property investors have contacted Abbcon Associates as experts in preparation of Tax Depreciation Schedules, to [...]
What does it mean and what is the difference? To put it simply, the Prime Cost method gives you equal deductions each year for the effective life of the article. Whereas the Diminishing Value method gives higher deductions in the earlier years. The majority of investors choose the Diminishing Values method. The significantly higher deductions [...]
Tax Depreciation Schedules Prime Cost v Diminishing Value?
If you haven't got a Tax Depreciation Schedule yet for your investment property.
Tax Depreciation for Older Properties Tax Depreciation Schedules for Older Properties A common misconception is that there is little or no depreciation that can be claimed on older properties. In fact depreciation on plant and equipment can be claimed regardless of the age of the property. Tax Depreciation on Plant & Equipment [...]
Tax Depreciation Schedules for Older Properties