Posts Tagged ‘property tax depreciation’

Claim property depreciation this financial year

Property depreciation deductions can make a significant difference to any investment property owner’s cash flow. Despite this, of all the deductions available to be claimed by investors, depreciation is the most often missed.

Every property investor can benefit from learning more about depreciation and discovering the process involved in finding out what deductions are available to claim.

Here are some key points to be aware of:

The Australian Taxation Office (ATO) allows … Read more »

24 Property Management Secrets to Increasing your Rental Income!

Here are some concepts that may help you improve your cash flow..

Higher Rental Value
Ensure the rental value is assessed on a 6 monthly basis.
Property Depreciation Schedule
As a building gets older, items wear out – they depreciate. The ATO allows property owners to claim this depreciation as a deduction. Claiming all the depreciation property investors are entitled to on an investment property can make a big difference … Read more »

5 Property Depreciation Tips

Depreciation is the key to increasing cash flow on a residential property. Here are five tips about depreciation to assist investment property owners.

1. No property is too old
An investment property does not need to be new. Both new and old properties attract depreciation deductions. One common myth is that older properties will attract no claim. It’s worth making an enquiry about any property.

2. Claim renovations completed by previous owners
Any improvements … Read more »