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Savvy Investors Renovate and Reap Rewards Through Depreciation Allowances

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You’ll be surprised to discover, sometimes buying, and renovating properties with no depreciation value remaining can be a good thing. In this tax depreciation case study, our savvy clients purchased a former run-down hostel with 13 individual rooms for let. This humble property is situated on a 913sqm corner block in the trendy inner-city suburb of West End, less than 2km...

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Investors Benefit from Depreciation Allowances on Stately Apartments in Sydney

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Designed to impress, 15 Young Street is nestled amongst Sydney’s newest city village, Quay Quarter. These striking apartments feature rich masonry facades complimenting their luxurious interiors. The rooms are stylish and full of modern fittings and fixtures to enjoy, while admiring magnificent city and harbour views.

Completed earlier this year, investors buying these new apartments can receive substantial tax benefits through...

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Lessons from Renovated Investment Property Kenmore

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2021 has been a huge year for the building industry. New builds and renovations were a top priority for homeowners and property investors. Savvy investors can claim depreciation on both the Building and Plant & Equipment for their renovated properties and assets, but its all in the timing. 

This case study examines the value of depreciation on a renovated secondhand...

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Better Late than Never; Take Advantage of Depreciation Allowances Now!

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Recently, our Property Tax Team prepared a depreciation schedule for our clients who purchased a two-bedroom apartment in a residential complex at Rosebery, NSW. The apartment included access to swimming pool, sauna, gym, plus lift and underground carpark. 

Our clients bought the property as an investment before the legislation change came into effect on 9th May 2017, so they were eligible...

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Belmont Beauty Delivers Bountiful Depreciation Rewards

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Continuing the trend of investing in newly built homes in the suburbs, our client purchased a contemporary low set home in Belmont, one of Geelong’s oldest, largest and most popular suburbs in Victoria.

Our Property Tax team inspected the property to assess the Building and Plant & Equipment items to prepare a tax depreciation schedule.

This free-standing new property is one of...

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Tips for Keeping the ATO Happy and Helping You Claim Depreciation Allowances

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Each year, you submit your taxes to the Australian Taxation Office (ATO) and hope for a tax refund. If you are earning income through residential investment properties, it’s in your best interest to claim all eligible deductions to offset rental income.

The tricky part is knowing what deductions to claim as rental expenses, and which ones are eligible for depreciation allowances,...

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Geelong Property in Top Gear

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Our investor clients are gearing up for a financial win with high depreciation deductions calculated for their luxury architect-designed townhouse in the Metropol Residences complex in Geelong, Victoria.

Perfectly positioned, a short stroll from vibrant Pakington St, and with a stylish fitout, this three-bedroom, double-storey home will attract high end tenants. 

With working remotely becoming popular and necessary, investment properties of this...

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Investment Properties in the Burbs are Trendy

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Not all property investors focus on high rise apartments. Many "mum and dad" investors and savvy boutique property developers are tapping into the suburban market building quality homes to attract families and professionals. The pandemic has focused many businesses to adopt a hybrid work model, offering people the choice to work from home. With properties in the suburbs affordably priced, it’s...

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Tilia in Lindfield Delivers Investors Tantalising Rewards

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If you are investing in high end residential apartments, especially in Sydney, you want to make sure you can maximise your investment returns and offset rental income through depreciation allowances. This depreciation case study looks at the luxurious Tilia, developed by Poly Australia. The complex offers luxurious residential living in Lindfield, on Sydney’s North Shore, and features a mix of...

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Trendy Innercity Queenslander Delivers Huge Depreciation Rewards

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With the end of the financial year, property investors need to work out what they can claim and ensure they have accurate records of purchases and building costs.

It’s easy to forget about the many items you have purchased for your rental property, and costs associated with major capital works. You will be surprised how much depreciation you can claim for...

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