4 Tips for New Property Investors to Capitalize on Depreciation Deductions


Every financial year owners of investment properties are required by law to file their annual income tax returns. Quantity surveyors help property investors to claim a depreciation of their property --be it old or new-- against their taxable income. Notably, the Australian Taxation Office (ATO) requires that individuals who purchase property for income-generating activities should be entitled to some form of depreciation deduction. Here are some top tips to help new property investors benefit from depreciation deductions.

23 August 2017