How To Use Tax Depreciation To Maximise Cashflow
Mike Mortlock shares how you can use property investment tax depreciation to maximise your cashflow.
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Investment property tax depreciation allows you to claim a tax deduction for the wear and tear of the structural elements (the actual building) and plant and equipment (fixtures and fittings) of an investment property.
By claiming depreciation as a tax deduction you can lower your taxable income. This in turn reduces the amount of income tax you need to pay, leaving more cash in your pocket each year. You can use this increased cash flow to pay …
