As 30th June approaches it's a good time to access whether you should have a Tax Depreciation Schedule for your Investment property. A Depreciation Schedule can be an important tool at Tax time to maximise the benefits of owning an investment property.
The below bullet points are an outline for qualifying the eligibility of a property for depreciation:
If you think your property qualifies and your Accountant thinks you'll benefit from a Depreciation schedule then we have a special offer for you.
Our friends at Duo Tax Quantity Surveyors are extending their MAYSAVER discount on tax depreciation reports to our clients coming into the end of financial year. Their aim is to educate investors and landlords about depreciation on rental properties and provide them with extra tax deductions to help boost their tax refund. Here is a handy link explaining tax depreciation and the benefits involved. If you need further information call Dylan Long to discuss on 0422 636 773.
For the month of May, any clients purchasing the report before midnight on the 31st May can purchase the schedule for $525 including GST (RRP $700). You can take advantage of this offer by clicking on the Depreciation Order Form Link below. This will lead to an assessment as to whether your property is eligible for Tax Depreciation benefits. You are not locked into purchasing the report by completing the Order Form.
As always we do not take referral fees from this and offer it purely as a good deal for our Investor clients.