Tax Depreciation Schedules - help from your Broadbeach mortgage brokers
Depreciation can help your bottom line when tax time comes
Just like claiming wear and tear on a vehicle purchased for business purposes, it's also possible to claim your investment property's depreciation against your taxable income.
Whether you're a seasoned property investor who is aware of this potential source of return, or are new to investing and are interested in learning more, our mortgage broking team at Pacific Fair can assist you to access the right help for your investment property claims.
Property depreciation claims aren't just for the pros by any stretch. Anyone who purchases an investment property with the aim to produce income is entitled to depreciate the building and the items within it against their income.
Don't let thousands of dollars go unclaimed from your investment property come tax time!
Our team at Mortgage Choice at Pacific Fair can arrange a qualified quantity surveyor to inspect their home and prepare a report for their accountant. Contact us today on 07 5676 6433 or click 'Contact us' and one of our friendly team will be in contact to book a free no-obligation appointment.