All Entries Tagged With: "Tax Deductions"

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 [...]

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 …

Deductions for Repairs

Here are some facts you may not know about the deduction for repairs on a residence that became a rental property.

The ATO has noted expenditure on repairs is deductible if incurred …