Sometimes the Hardest Thing is Knowing whether a Depreciation Report is Worth it – Hopefully this will Help!

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Is your property worth doing?

Yes No

Yes No

Yes No

Yes No

Yes No

The property is worth doing. Plant is given a new life from settlement date and valued to reflect the Purchase Price

Yes No It is worth doing. If second hand and owned by an individual entity Division 43 is still claimable on the building cost. Ie 2.5% of the historical building cost less plant.

Yes No It is worth doing to the extent of 2.5% of the renovation cost pa for 40 years from renovation completion date.

Yes No Unfortunately this property is not worth doing.

Benefits of Getting a Depreciation Report

  • A DEPPRO property depreciation tax report provides a 40-year schedule for capital works allowance and depreciable assets.

  • Claiming tax depreciation allowances on an investment property increases its value by giving investors greater return on their investment.

  • Depreciation allowances combined with additional negative gearing factors such as interest on a mortgage, repairs and maintenance can help investors reduce their taxable income, pay less tax and improve cash flow.

  • DEPPRO can help all owners achieve maximum tax benefits from their investment property, no matter the size or age.