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If you would like to talk property, please contact us:
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Martyn Fleming: 0400 000 822
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01 August 2008

Tax Depreciation

There is a tax depreciation tragedy in our investment community - so few investors claim the deductions they're entitled to. In fact, approximately 50% make no claim at all!

I would like to share some figures, courtesy of our Tax Depreciation Specialists, Ian Spence and Jodie Eade. The figures below are examples of actual Tax Depreciation Schedules:


3 Bed Townhouse 10 years old Good Quality
Depreciation - $13,750
Building Allowance - $20,125
Total tax deduction claimable over 5 years - $33,875

4 Bed House New Average Quality
Depreciation - $15,538
Building Allowance - $29,490
Total tax deduction claimable over 5 years - $45,028

3 Bed House Pre 85 - 50K Renovations Average Quality
Depreciation - $11,003
Building Allowance - $6,250
Total tax deduction claimable over 5 years - $17,253

3 Bed House Pre 85 No Renovations Average Quality
Depreciation - $10,667
Total tax deduction claimable over 5 years - $10,667

2 Bed Inner City Unit New - Average Quality
Depreciation - $21,677
Building Allowance - $30,460
Total tax deduction claimable over 5 years - $52,137

*20K Furniture Package
Depreciation - $15,878
Total tax deduction claimable over 5 years - $15,878

NB Depreciation - Diminishing Value Used


There's no excuse. Get your property portfolio working harder for you and put money in your pocket today!!!

Contact the experts in Tax Depreciation at http://www.taxdep.com.au/ or call -

Brisbane: 07 3395 0788
Newcastle: 02 4963 7045
Canberra: 02 6231 9806

Yours in property!

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