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By Bradley Beer on 13 Apr 2013 No Comments yet, your thoughts are very welcome
As tax time approaches, property owners should make sure they understand which deductions they are entitled to claim - and which they are not. Owners of income-producing properties can claim depreciation deductions related to the building's structure via the capital works allowance. As a general rule, homes built after ...
By Bradley Beer on 11 Apr 2013 No Comments yet, your thoughts are very welcome
It is so important for property investors to claim all the relevant deductions available to them, especially with tax time just around the corner. Unfortunately, depreciation is the most commonly missed deduction because it is a non-cash deduction. The ATO allows property investors to claim a deduction back at tax time to compensate for the property getting older ...
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