Claim depreciation benefits – Depreciation is becoming more widely known by investors however many still do not have a quantity surveyor assess their investment property.
By bringing in professionals to create a depreciation schedule, it ensures that you maximise your tax refund at the end of the year and improve your overall cash flow position. Even older properties regularly have depreciable items, particularly if renovations, extensions or even moderate home improvements have taken place.
Investment Property Owner Tip: Some quantity surveyors offer their service for free if they can’t get you back in depreciation more than their fee in the first financial year.
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