Both new and established investment properties attract depreciation deductions for their owners, however, there are differences in what owners are eligible to claim. Read on to better understand the differences in depreciation eligibility between new and established investment properties! Depreciation overview Depreciation is the natural wear and tear of a property and the assets within it over time. The Australian Taxation Office (ATO) allows owners of income-producing properties to claim
08
Jan 2020
Split reports help accelerate deductions
National quantity surveying firm BMT has reported a significant increase in Tax Depreciation Schedules for more than one owner, suggesting that co-ownership is becoming an increasingly popular trend. Owning a property with others can provide improved purchasing power, which can be particularly useful in capital cities and other tight markets, where it can be difficult to break into the property market. It can also balance out the expenses of owning
08
Jan 2020
Split reports help accelerate deductions
National quantity surveying firm BMT has reported a significant increase in Tax Depreciation Schedules for more than one owner, suggesting that co-ownership is becoming an increasingly popular trend. Owning a property with others can provide improved purchasing power, which can be particularly useful in capital cities and other tight markets, where it can be difficult to break into the property market. It can also balance out the expenses of owning
What often seems to make perfect sense in the real world does not always make sense for the Australian Tax Office (ATO).
What often seems to make perfect sense in the real world does not always make sense for the Australian Tax Office (ATO).
What often seems to make perfect sense in the real world does not always make sense for the Australian Tax Office (ATO).
What often seems to make perfect sense in the real world does not always make sense for the Australian Tax Office (ATO).
21
Sep 2019
52 Ways to Grow Your Rent Roll
Effective Marketing Strategies for Property Managers to Grow Your Rent Roll Whether you’re a well-established property manager with a large portfolio of clients and properties or you’re just starting out in the industry, it’s important to continuously think about how you can grow your rent roll to increase your monthly income. If you have many available properties you might want to start signing up here to get more exposure to
21
Sep 2019
52 Ways to Grow Your Rent Roll
Effective Marketing Strategies for Property Managers to Grow Your Rent Roll Whether you’re a well-established property manager with a large portfolio of clients and properties or you’re just starting out in the industry, it’s important to continuously think about how you can grow your rent roll to increase your monthly income. If you have many available properties you might want to start signing up here to get more exposure to
21
Sep 2019
52 Ways to Grow Your Rent Roll
Effective Marketing Strategies for Property Managers to Grow Your Rent Roll Whether you’re a well-established property manager with a large portfolio of clients and properties or you’re just starting out in the industry, it’s important to continuously think about how you can grow your rent roll to increase your monthly income. If you have many available properties you might want to start signing up here to get more exposure to