The Rental Property Depreciation Calculator is designed to provide investors with first-year and second-year estimates of how much they can likely claim depreciation deductions on their residential or commercial investment property. This will give you a good gauge of whether purchasing a tax depreciation schedule is worthwhile.
Alternatively, you can contact us to get a free estimate of your depreciation amount and quote for your depreciation schedule.
The calculator will calculate the depreciation estimate based on a series of data points from our comprehensive database and compare this with similar properties to give you an approximate depreciation value for your investment property.
The ATO prescribes two methods to calculate depreciation:
The calculator uses both the diminishing value and prime cost method to give you a depreciation estimate per year.
It’s important to understand that these are only estimates for both capital works assets and plant and equipment assets. So, the final claimable depreciation amount is subject to change.
Yes, you can, below is what our tax depreciation schedules look like.
We can also send you a sample tax depreciation schedule as well.