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NBtax Tax Bites

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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Hello, Helio. Fantastic Depreciation Benefits for Investors

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Developed by Spec Property, the Helio is one of the most impressive modern residential apartments in North Melbourne. With stunning views of Flemington Road, these luxury apartments are delivering substantial depreciation benefits for our clients. Each apartment features:

  • Oak timber floors in living, dining, entry and kitchen
  • Wool blend, natural fibre carpets to bedrooms
  • Timber veneer to kitchen and bathroom cupboards
  • Smeg appliances including...

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Dazzling Views Deliver High Depreciation Rewards

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From the expansive balcony, this property provides dazzling 360° views from the ocean to the Gold Coast hinterland. For our clients, the tax depreciation benefits in the Capital works on the building are equally dazzling.

Over the next 40 years, our investor client can recoup the cost of additional Capital works and the building through depreciation allowances, totaling $517, 184. This...

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Renovations for Mountain Retreat Delivers Depreciation Rewards

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Owning a holiday rental is a popular investment strategy for many property investors. Our clients purchased a second hand property at Tambourine Mountain in South East Queensland with the intention of renovating and leasing to short and long-term tenants.

The charming cottage on 2232m2 block, featured an Alpine design with grand towering roof line, plus kitchen, bathroom, three bedrooms and living areas...

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Renovated Investment Property Caters to Tenants with Disabilities and Delivers Depreciation Tax Benefits.

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It’s not everyday we receive a request to inspect an investment property that has been renovated to cater for people with disabilities. And, we’re very encouraged to see the property sector is moving towards greater inclusiveness by providing residential housing to support those with specialist care needs. 

In this case, our client owned a residential free standing Queenslander style home. They completely...

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Luscious Luxury Resort Style Home Delivers Rich Returns

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Many luxury resort style properties, especially those aimed at holiday makers include a substantial quantity of high end furnishings. This is great news for investors. Yes, you can claim even more tax benefits from depreciation by itemising furnishings separately in a depreciation schedule.

A fantastic example of where our Property Tax team has prepared a depreciation schedule for the property and...

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Savvy Investors of Koko at Broadbeach Reap High Depreciation Rewards

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Residential holiday rentals are a staple component of property portfolios for many investors. With this type of investment, it’s crucial to ensure the property is available for rent for a significant portion of the time to take advantage of depreciation allowances and tax benefits.

Our NBtax team had the pleasure of inspecting the stunning new holiday apartments – Koko at...

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Maximising the Benefits of Depreciation Allowances for Renovated Properties

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When you buy second hand or older residential investment properties, especially those needing major capital works or replacement of assets, you can benefit from thousands of dollars in savings through depreciation allowances.  

Remember on older or second-hand properties purchased after the 9th May, 2017, you can only claim depreciation allowances for the Building (Division 43) and any new items purchased as...

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NBtax by Napier & Blakeley is Six Years Young

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We’re very excited to celebrate another incredible year for our Property Tax team at NBtax by Napier & Blakeley. Even with the challenges of a global pandemic, our residential property clients have managed to maximise their return on investments through depreciation allowances.

Our Property Tax team has been working hard in all states to service the needs of our clients, delivering professional...

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Peaceful Braybrook Attracts High Depreciation Returns for Investors in Victoria

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Escaping from the city has never seems so enticing than over the past 12 months. With regional areas increasing in popularity with tenants, it’s no wonder, property owners are looking to invest in the suburbs. Our next depreciation case study focuses on a townhouse development in Braybrook, 10km west of Melbourne.

This modern property, constructed in 2020, is used as a rental...

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