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.
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Monday, 20 July 2020