Depreciation Schedule – do you have one

If you’re a first time investor, then you might not know about depreciation schedules.  The basics of it are – you send out a qualified depreciation agent to go through the property so that everything in the property can be given a depreciation value over 10 years.  This then applies against your tax return saving you money!
To ensure we look after our clients, we have arranged a discounted rate through Costin Quantity Surveyors.  Mention Eview when booking your tax depreciation to get your report for $440!  (the cost is also tax deductible).
Wise words I once heard from an accountant were ‘We all have to pay taxes, but there is no need to leave a tip!’.
If you want to discuss any other things that can help minimise your taxes against your investment property, get in touch!