Tax tips - property depreciation 101
Property investors are entitled to numerous tax benefits, however many fail to take full advantage of the depreciation deductions available to them.
Property investors are entitled to numerous tax benefits, however many fail to take full advantage of the depreciation deductions available to them.
Depreciation is considered a non-cash deduction, meaning you don’t need to spend any money to be eligible to claim it.
While investors are aware of claims for expenses such as interest on their loans, council rates, property management fees and repairs and maintenance costs, depreciation is a hid…