Most successful property investors have a number of tools - Tool 6

Some landlords incorrectly believe that depreciation is only claimable on a new property.

The truth of the matter most properties will likely have some depreciable items, which can be claimed at tax time.

Having a depreciation schedule prepared for each of your investment properties can save thousands of dollars in tax each year – regardless of the age of the property

Not all depreciation schedules are the same and you do get what you pay. It is best to do a little research to find a good one as it can save you thousands over a bad one.

Keep tuned for your next tool

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Jason Gwerder
Monday, 20 July 2020

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