Four simple steps to solving the complexities of depreciation claims
Claiming depreciation deductions can be a confusing task for many property investors but there's four surefire steps towards a simplified process that maximises returns and minimises stress.
It’s imperative investors get a depreciation specialist to prepare their tax depreciation schedule. (Image source: Shutterstock.com)
Depreciation can be a rather complex area of tax, with specific rules, qualifying dates, depreciation rates, methods for claiming and pre-determined effective lives of assets.
Claiming depreciation deductions can be a confusing task for many property investors.
It’s imperative investors get a depreciation specialist to prepare their tax depreciation schedule. This will ensure maximum depreciation deductions and that all claims are legally compl…
