NBtax Property Tax Bites

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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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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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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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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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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