Tax Deductions When Renovating An Investment Property
A renovation can provide a tax-time bonus if you plan ahead and engage a registered Quantity Surveyor to help you maximise depreciation deductions before you start, and post-renovation.
Are you planning to renovate your investment property?
With a brand new kitchen, new carpets or a quick lick of paint? There are plenty of ways a well-considered renovation can boost the capital value of your property and attract higher rental income.
A renovation can also provide a tax-time bonus if you plan ahead and engage a registered Quantity Surveyor to help you to maximise depreciation deductions before you start, and post-renovat…