All Entries Tagged With: "Quantity Surveyors"
Understanding The Services Of A Quantity Surveyor Services
Firstly, it is amazing how many property investors do not realise how having a professional Tax Depreciation Schedule can save them money. A tax depreciation report is lodged with the ATO and shows them the value of the property, any additional assets that have been added to the property in the past tax year, and [...]
Is It Time To Take Out A Small Loan And Spruce Up Your Investment Properties?
It seems like there is only one way the interest rates are going to go and that is UP. With two interest rate increases now we can be fairly certain that we will not see that record low interest rate again anytime soon, if ever.
This would make you wonder if it is worth borrowing a [...]
Getting Ready to Visit your Accountant
It is nearing the end of the financial year and a visit to your Accountant is imminent.
When you are a property investor you need to consider your tax very carefully. If you have more than one property, take care to keep all the information for each property separate …..
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Tax Depreciation and Quantity Surveyor FAQs
Q. What is a Quantity Surveyor?
A. A Quantity Surveyor is an independent professional consultant to the property and construction industries, offering advice to investors …
Depreciation and Investment Property FAQs
Q. What is depreciation?
A. According to the tax office, under income tax law, you are allowed to claim deductions for expenses incurred in earning assessable income, eg. rent. The cost …
Property Selection and Tax Benefits
How can property selection nearly double your taxation benefit?
Following on from the example in the article Property Gearing and Taxation, here is a further explanation. The interest and rental …
Tax Depreciation on Older Properties
“What Depreciation is there on older properties?”
Just because a property is older than 1985, it does not mean there is no depreciation left to claim.
When you purchase an Investment Property …
What is a Quantity Surveyor
One of the most popular questions that I get asked is ‘What is a Quantity Surveyor?’. Apart from the normal answer, which is ‘I am a Quantity Surveyor’ I thought I would answer that question …
Depreciation Schedules and ATO Audits
“I have been told that if I use a Quantity Surveyor’s report for the depreciation schedule the ATO are more likely to audit you is this true?”
Actually no, this is not true, the ATO carry out …
