At Duo Tax, we understand that value and outcomes of the depreciation schedule is most important to any investor and hence we provide an immediate guarantee of depreciation over the phone. This then allows you as the investor to work out feasibility before we even leave our office to undertake the work. Ultimately providing you with free consultation prior to commencing any work.
All properties purchased within the last 2-4 years, yield plenty of depreciation no matter the age of the building. This is due to the fact that the ATO allows you to claim depreciation on older properties even if it’s built in the 1960’s or 1970’s. Albeit, they are limited to claims of plant and equipment (referred to as Division 40 – ITAA).
How can I get started?
You can give our office a call or send us an email to firstname.lastname@example.org with your rental property’s address, this will allow us to search and estimate the depreciation for a 2 year period. This then guarantees your tax deduction prior to commencement of inspection. Once you’re happy liaising with one of our depreciation experts, they’ll assist you with your report. Or alternatively, visit our Order a Depreciation Report page.
Also, if we do attend site and yield no more than $2,500 in tax deductions in the first full financial year, the report is free.
*This applies to properties purchased before 9th May, 2017 and rented from 30th June, 2017.