by Lilian Fisher | Nov 10, 2021 | Depreciation, Property Investment Tips
Spring has sprung and many Australians are looking to freshen up their homes or investment properties. Property investors have the added benefit of claiming their Spring maintenance and cleaning costs as immediate tax deductions. But how does this work and what do...
by Lilian Fisher | Oct 21, 2021 | Depreciation, Property Investment Tips
Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year (FY), depreciation can still be back-claimed. First, what is a tax...
by Lilian Fisher | Nov 18, 2020 | Depreciation, Economy, Perth, Property Investment, Tax & Accounting
This renovation tip can save you thousands Renovating an investment property is different to renovating your own home. Whether the renovation is big or small, you will be taking a head over heart approach and doing what will help you improve your return on investment....
by Lilian Fisher | Jul 10, 2020 | Depreciation, Property Investment
Did you know that property depreciation is the second biggest tax deduction for investors, after interest? Despite this fact, 80 per cent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars...
by Lilian Fisher | Jul 6, 2020 | Depreciation, Tax & Accounting
Businesses and property investors will sometimes hire a professional quantity surveyor, who will put together an updated tax depreciation report. This will provide depreciation and capital works deductions for revenue-producing properties they own. These places may...
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