Understand the basics about what your property is potentially eligible for in terms of Tax Depreciation. Listen in to valuable information shared by Tuan Dong.
In this episode:
- What a Depreciation Schedule is and what you need to know about it.
- Potential Tax Deductions applicable to your property.
- The role of quantity surveyors and the tax depreciation report.
- The right time to prepare a depreciation schedule.
- What happens when you request the reports late and the deadlines.
- What can be done on renovated properties.
- Application of ATO Ruling May 2017
- Importance and value of the depreciation schedule
- The types and age of properties eligible for depreciation claims.
- Process of obtaining a depreciation schedule.
- Applicable fee for retrieving a report and its utilisation.
Links
Duo Tax Website
Facebook Page
Email: [email protected]
Email: [email protected]
About Aaron:
Aaron-Christie David founded Atelier Wealth, a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron’s focus is clear – supporting property investors to make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years.
With over 10 years of financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron's decision to become a broker was to help more Australians fearlessly buy investment properties to achieve intergenerational wealth.
Connect with Aaron:
Visit the website: https://atelierwealth.com.au/
Follow the Australian Investment Property Podcast’s Official Instagram account: https://www.instagram.com/aupropertyinvestmentpodcast/
Follow Aaron on Facebook:
https://www.facebook.com/aaronchristiedavid
Follow Aaron on LinkedIn:
https://www.linkedin.com/in/aaronchristiedavid/
Subscribe to Atelier Wealth’s YouTube Channel:
https://www.youtube.com/@atelierwealth_au