Do
you own real estate that you what to rent out?
Well,
the current market conditions, and the
tax depreciation on investment property are
quite motivating if you intend to do so.!!
Besides
the potential for an ongoing income and capital appreciation, rental
property investments offer property
depreciation
deductions that can reduce the income tax you need to pay on the
profits. But, to file your income tax returns first you need to get a
tax
depreciation report
prepared.
There
are several factors to be considered before preparing a property tax depreciation report,
and only a professional Quantity
Surveyor has
the exact knowledge and experience needed to prepare a precise
property
depreciation
schedule
or
report. Taking this in account, the Australian
Tax Office (ATO) has authorised only certified Quantity
Surveyors
to prepare tax
depreciation reports for investment or rental property depreciation.
Quantity surveyors |
Property
Returns is one such Quantity Surveying firm that specializes in
preparing accurate depreciation
schedules
for investment/rental as well as residential properties all over
Australia. They have over 30 years of industry experience, due to
which they have ample knowledge to help you get the highest
depreciation
for investment property.
Property Returns has its offices in every major Australian city including Sydney, Brisbane, Melbourne, Adelaide, Perth, Darwin, Central QLD, Cairns, and NSW. These offices are operated by a trained staff that has all the knowledge about local building codes, costs and regulations. Each Property Returns office has a team of registered Tax Agents, qualified quantity surveyors and experienced property depreciation experts.
At Property Returns we believe that availing depreciation on investment property is the right of every investment/rental property owner and we are always ready to help you get that!!!
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