Duo Tax Depreciation Schedule – What You Need to Know
December 15, 2020
What is a Depreciation Schedule: A Beginner's Guide Did you know that 70% of investors in Australia don't buy a tax depreciation schedule for their investment properties? Depreciation schedules are… ... continue reading
The Essential Guide to Capital Works Deductions (Division 43)
November 4, 2020
As a first-time property investor, I’m sure you’ve heard that tax depreciation deductions and specifically Capital Works Deductions are typically one of the largest tax deductions you can claim as… ... continue reading
Is Stamp Duty Tax-Deductible?
October 6, 2020
Not sure if stamp duty is tax-deductible? You’re not alone. Many first-time investors find themselves asking: is stamp duty tax-deductible? It’s not surprising because stamp duty is the one acquisition… ... continue reading
How to Claim Airbnb Tax Deductions on your Rental Property
August 17, 2020
Airbnb tax deductions and the interpretation of how taxation laws revolve around using your property for Airbnb cause a lot of confusion to say the least. Not only are investors… ... continue reading
Prime Cost vs Diminishing Value Depreciation Method – Which is Better?
July 23, 2020
As a property investor, you know that maximising your returns is key to your success. One way to do this is by taking advantage of tax depreciation, which allows you… ... continue reading
End of Financial Year 2020
May 22, 2020
As property investors, there are a myriad of documents required at the end of the financial year to maximise your cash flow from a tax perspective. Depreciation is the second… ... continue reading
Investment Property Tax Depreciation: 2 Crucial Things to Consider Before Living In Your New Property
May 8, 2020
There are key things to consider when we're talking about investment property tax depreciation. When you buy a new property and you're considering whether to live in it or to… ... continue reading
ATO opening doors to huge instant asset write-off for more businesses than ever
April 15, 2020
The federal government has recently enhanced the instant asset write off scheme in response to the coronavirus outbreak which has disrupted the economy. It is now a crucial time for… ... continue reading
Demolition, removal or clearing of an existing house or office? You’re entitled to claim tax deductions.
September 16, 2019
If you are looking to renovate an investment property, you will want to consider getting a scrapping report to immediately deduct assets you plan on demolishing or throwing away. Assets… ... continue reading
EOFY19 – Tax Depreciation Assessment
August 16, 2019
As we're not far out from the End of Financial Year, I would like to remind you to ensure all your documents are prepared prior to lodgement, this also includes… ... continue reading
