28 09, 2020

How does the depreciation process work?

By |2020-10-15T13:11:35+11:00September 28th, 2020|

Obtain your tax depreciation schedule in  3 easy steps.  1. Qualify Property Call us and we will ask you a few simple questions to qualify your investment property. 1300 185 498 2. Order Schedule Order over the phone or via our online form and we will

28 09, 2020

What is a tax depreciation schedule?

By |2020-10-15T13:11:40+11:00September 28th, 2020|

Depreciation is the wear and tear that occurs as things get older. As items get older, the value of these items also decrease in value. This is called depreciation. In the space of property investing, these items are classified as either Plant and Equipment or Building. The wear and tear of either plant and

9 07, 2020

What is Division 43?

By |2020-10-15T13:11:45+11:00July 9th, 2020|

Division 43 is the category which addresses the building write-off component of your property. The historical construction costs include fees for preliminary items such as design fees, engineering and building approval costs. Where actual costs are not known, a quantity surveyor has estimated this amount by determining the appropriate costs for the building/structural improvement of

9 07, 2020

What is Division 40?

By |2020-10-16T15:14:54+11:00July 9th, 2020|

Division 40 is the category which covers assets that are easily removable from a building rather than attached or fixed. These include appliances and furnishings. Each item of plant or equipment within your property has an effective life measured in number of years. The effective life is determined by the tax commissioner under the latest

9 07, 2020

Does Duo Tax survey interstate properties?

By |2020-10-15T13:11:57+11:00July 9th, 2020|

Whether your property is in the heart of the city of Sydney or as interstate as the Great sandy desert, we can depreciate your property. We service Australia-wide with surveyors in every state. Call us on 1300 185 498 if you feel like it would be a problem for us to complete your report and