Strata unit property owners are entitled to claim depreciation on ‘common areas’ and ‘common plant’.
Immediate deductions are available for items costing $300 or less.
A tax depreciation report is tax deductible and should be updated to include renovations, alterations and additions to plant and equipment.
80% of investors overpay their income tax!
Renovations, extensions, repairs, and write-off of demolished works can provide additional opportunities for the investor to increase the deductions and return on their property.
Property tax allowances are a valuable aspect of any property investment due to their ability to enhance an investor’s return and produce a healthier cash flow, by correctly claiming and maximising the available deductions.
Please follow the link for your suburb below to access an Exclusive Suburb Statistics Report for your Investment Property. Adelaide Ascot Park Bedford Park Brahma…
When new investment property owners contact The Professionals Property Management, the first question we get asked is often: what is your management fee? Or more…
Professionals Richmond 
