loader image

Home > Blog > Investment Property Depreciation Schedules

Investment Property Depreciation Schedules

Date: 20 January 2016

80% of Australian property investors do not claim their full depreciation entitlement on investment properties – are you one of them?

Despite the fact that depreciation can amount to thousands of dollars per year in tax deductions, it is often overlooked by investors.

Depreciation allows you to write-off part of the cost of your property. This tax deduction is applicable to the value of items such as fixtures and fittings or the construction cost of the property – ie things that will eventually wear out and require replacing.

Apart from mortgage interest payments, depreciation is usually an investor’s biggest outgoing, so to ensure your investment is building your wealth as tax-effectively as possible, it is essential to know how to maximise the depreciation available.

Roberts & Morrow Financial Services (RMFS) are able to liaise with Depreciator on your behalf to obtain a schedule that provides the following benefits;

  • It comprehensively sets out your depreciation entitlements on a yearly basis for the next 20 years.
  • It is 100% tax-deductible and comes with a guarantee that if you do not receive more depreciation than the fee in your first full year, your schedule is free.
  • The depreciation schedules are suitable for all types of property investors (companies, partnerships, trusts, individuals and couples).
  • The depreciation values are based on a variety of calculation methods for depreciation. Come in to RMFS and we can help you select the most tax-effective method for your requirements.

Call Melissa Heagney on (02) 6774 8490 for more information.

Know More

Tax Incentives for Electric Vehicles

Tax Incentives for Electric Vehicles

From 1 July 2022, employers do not pay FBT on eligible electric cars and associated car expenses if they meet the following conditions: The car is a zero or low emissions vehicle - battery electric, Hydrogen fuel cell electric, plug in hybrid electric vehicles with...

read more