Depreciation claims can improve cash flow for investors feeling interest rate pain
Depreciation specialists have provided their top four reasons to focus on property depreciation claims ahead of the end-of-financial year tax season.
Property depreciation is a non-cash deduction, which means you don’t have to spend money to claim it. (Image source: Shutterstock.com)
With tax season approaching, interest rates rising, refinancing at record levels, and property values in a state of flux, property investors around the country are being encouraged to find ways to improve cash flow.
Claiming depreciation deductions on your investment property may be one of the solutions.
Here are four reasons investors should prioritise ordering a depreciation schedule.
You don’t have to spend money to claim depreciation
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