Depreciation

Depreciation Building – Depreciation is claimable on properties built after 1985. You can claim depreciation at a rate of 2.5 percent per annum (on investment properties). That means that the government estimates that it takes 40 years for a building to be worth zero...

Expenses

Expenses The list of potential deductions is extensive and includes: Interest on an investment loan. Council rates. Property management fees. Repairs. Body corporate fees. Insurance. Depreciation, if relevant.   David is the Founder and Managing Director of...