Tax Planning

Tax Planning: Investment Property Depreciation

The end of the 2016/17 financial year is almost here, so now's the time to look at Investment Property Depreciation to minimise your tax. Just like you claim wear and tear on a car purchased for income producing purposes, you can also claim the depreciation of your investment property against your taxable income. If you own a rental property and haven’t already done so, arrange for the preparation of a Quantity Surveyors Report to allow you to claim the maximum amount of depreciation and building write-off deductions on your rental property. Contact us TODAY before the June 30 deadline for assistance…
Andrew Martin
June 15, 2017
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